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    Binary Logistic Regression with Minitab: Ssmbb Level Topic

    Posted By: ELK1nG
    Binary Logistic Regression with Minitab: Ssmbb Level Topic

    Binary Logistic Regression with Minitab: Ssmbb Level Topic
    MP4 | h264, 1280x720 | Lang: English | Audio: aac, 44100 Hz | 3h 3m | 1.27 GB

    Perform and Analyze the Results of Binary Logistic Regression Analysis using Minitab 19

    What you'll learn
    Mastering Binary Logistic Regression
    Perform and interpret the results of Logistic Regression Analysis using Minitab
    Requirements
    You should have a good understanding of the Linear and Multiple Regression Analysis
    Else take my Mastering Multiple Regression with Minitab: A Deep Dive course before starting this course.
    You can download 30 days trial version of Minitab for practice from their website
    Description
    In this course, I will teach you one of the most commonly used classification techniques in data science, machine learning and statistics and that is: Binary Logistic Regression.

    A binomial logistic regression is used to predict the binary output (yes/no, true/false, sick/healthy) based on one or more continuous independent variables. It is often referred to as logistic regression. However, in Minitab, it is called binary logistic regression.

    I will use Minitab 19 to perform the analysis. The focus of my teaching will be on explaining the theoretical concepts and on analyzing and interpreting the results of the analysis.

    Performing Binary Logistic Regression in Minitab is easy. It is just a few selections and clicks and you are done with it. However, the difficult part is understanding and interpreting the results.

    The following concepts are covered in this course:

    The purpose of Binary Logistic Regression

    The concept of Odds and ln(Odds)

    Logistic Regression Equation

    Odds Ratio

    Confusion Matrix

    Receiver Operating Characteristic (ROC) Curve

    R-Squared in context of Logistic Regression

    Hosmer-Lemeshow Goodness of Fit Test

    Project work to practice all the above concepts

    In the project work, marketers at a cereal company investigate the effectiveness of an ad campaign for a new cereal. Three factors considered in this project are the income, whether the person has seen the advertisement and whether the person has kids in the house.

    Here we performed binary logistic regression to determine whether people who saw the ad are more likely to buy the cereal.

    After completing this course, you will be easily able to perform the logistic regression, select the model.

    Who this course is for:
    Six Sigma or Data Analysis professionals who want to take their understanding of Regression Analysis to the next level.
    Anyone who wants to get a more in-depth insight into interpreting the Logistic Regression results