S3E17: Logistic Regression: 2 Logit 2 Quit
Quantitude
Lift the Limitations of Odds
The discussion emphasizes the transformation of probabilities into odds, illustrating how this conversion can enhance predictions by removing restrictions on the upper limit of outcomes. As probabilities approach certainty, their odds can expand indefinitely, but the challenge lies in addressing the lower boundary of odds that remains at zero. This highlights the necessity of finding methods to better manage the limits on the lower side, allowing for a more comprehensive understanding of predictions, particularly when modeling outcomes on a nonlinear scale.
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