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You're reading from  Hands-On Predictive Analytics with Python

Product typeBook
Published inDec 2018
Reading LevelIntermediate
PublisherPackt
ISBN-139781789138719
Edition1st Edition
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Alvaro Fuentes
Alvaro Fuentes
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Alvaro Fuentes

Alvaro Fuentes is a senior data scientist with a background in applied mathematics and economics. He has more than 14 years of experience in various analytical roles and is an analytics consultant at one of the ‘Big Three' global management consulting firms, leading advanced analytics projects in different industries like banking, technology, and consumer goods. Alvaro is also an author and trainer in analytics and data science and has published courses and books, such as 'Become a Python Data Analyst' and 'Hands-On Predictive Analytics with Python'. He has also taught data science and related topics to thousands of students both on-site and online through different platforms such as Springboard, Simplilearn, Udemy, and BSG Institute, among others.
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Logistic regression

This is a mandatory model to know if you are performing a classification task using machine learning, because it is simple and is often used as a first benchmark to evaluate the performance of more complicated models. For binary classification, this model produces the conditional probability of the target belonging to the positive class. This model is another example of a parametric model; the learning algorithm will try to find the best combination (vector) of parameters such that the estimated probabilities produced by the equation are as follows:

We are close to 1 when the target belongs to the positive class and close to 0 when the target belongs to the negative class. So, by definition, this model predicts probabilities, and then we use this probability to predict classes. To understand it better, let's produce our first simple logistic regression...

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Hands-On Predictive Analytics with Python
Published in: Dec 2018Publisher: PacktISBN-13: 9781789138719

Author (1)

author image
Alvaro Fuentes

Alvaro Fuentes is a senior data scientist with a background in applied mathematics and economics. He has more than 14 years of experience in various analytical roles and is an analytics consultant at one of the ‘Big Three' global management consulting firms, leading advanced analytics projects in different industries like banking, technology, and consumer goods. Alvaro is also an author and trainer in analytics and data science and has published courses and books, such as 'Become a Python Data Analyst' and 'Hands-On Predictive Analytics with Python'. He has also taught data science and related topics to thousands of students both on-site and online through different platforms such as Springboard, Simplilearn, Udemy, and BSG Institute, among others.
Read more about Alvaro Fuentes