In this tutorial, we will learn about binary logistic regression and its application to real life data using Python. We have also covered binary logistic regression in R in another tutorial. Without a doubt, binary logistic regression remains the most widely used predictive modeling method. Logistic Regression is a classification algorithm that is used to predict the probability of a categorical dependent variable. The method is used to model a binary variable that takes two possible values, typically coded as 0 and 1
What is Statistical Inference – Key concepts
In this session, we’ll learn the concept of Statistical Inference. Statistical inference is a vast area which includes many statistical methods from analyzing data to drawing inferences or conclusions in research or business problems. It plays a vital role in the application of data science across industries.