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Ciphix - Simple Logit Model

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Custom Activity

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2.2k

Ciphix - Simple Logit Model

Bronze Certified

Custom Activity

0 reviews

2.2k


Summary

This machine learning related activity is used to estimate a model for a binary variable and uses that model to make a one point ahead forecast for the binary variable.

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Overview

The estimated logit model describes a non-linear regression of which the goal is to perform a forecast where the variable we want to predict is either 0 or 1 (binary). The model uses a logistic probability function to determine the relationship between the dependent and the independent variables. The difference in accuracy between this logit model and a linear probability model is shown in the graphs below.

Benefits


Published: Nov 12, 2018 | Updated: Dec 18, 2020

Trusted Source


License

Apache 2.0


Code Language

Visual Basic


Tags


Compatibility

Tested with UiPath Studio 2018.2.3


Dependencies

Accord Framework