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LR - 10 things to know with detail
LR stands for Logistic Regression, which is a statistical method used for binary classification tasks in machine learning.
Logistic Regression is a type of regression analysis where the dependent variable is categorical and the independent variables can be continuous or categorical.
The logistic function, also known as the sigmoid function, is used in Logistic Regression to map input values to probabilities between 0 and 1.
The coefficients in Logistic Regression represent the effect of each independent variable on the log-odds of the dependent variable.
Logistic Regression is commonly used in fields such as finance, marketing, healthcare, and social sciences for tasks such as predicting customer churn, fraud detection, and disease diagnosis.
Unlike linear regression, Logistic Regression does not assume a linear relationship between the independent variables and the dependent variable.
Logistic Regression is a parametric model, meaning that it makes assumptions about the underlying distribution of the data.
The performance of a Logistic Regression model is typically evaluated using metrics such as accuracy, precision, recall, and F1 score.
Regularization techniques such as L1 (Lasso) and L2 (Ridge) regularization can be used in Logistic Regression to prevent overfitting.
Logistic Regression is a simple and interpretable model, making it a popular choice for binary classification tasks when the relationship between the independent variables and the dependent variable is not linear.