Logistic Regression in R

In R Programming, logistic regression is a grouping approach used to determine the likelihood of happening success and failure. When the dependent variable is binary (0/1, True/False, Yes/No), logistic regression is implemented. In a binomial distribution, the logit function is leveraged as a link function. The logistic function, frequently known as the sigmoid function, is …

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Categorical Variable Regression in R Part1

In econometric models, some variables can play a very important role in the explanation of an economic phenomenon. For instance, gender can play a crucial role in determining salary levels. However, quantifying gender isn’t straightforward because gender lacks a numerical nature. This tutorial aims to explain methods for incorporating such information into econometric models, employing …

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