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Probability e Z/ (1+e Z) Z - 2.6335 + 0.22018 (Avg Monthly Balance in Multiples of 100) 2 So, Z - 0.4317 e Z 0.649404169 Probability 0.39372046 3

The document discusses calculating probability using the logistic function. It provides the formula for calculating z and shows examples of calculating z, odds, and probability for different budget values. It also defines odds as the number of favorable outcomes divided by the number of unfavorable outcomes and shows how to calculate accuracy, sensitivity, and specificity from a confusion matrix.

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Videhi Bajaj
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30 views

Probability e Z/ (1+e Z) Z - 2.6335 + 0.22018 (Avg Monthly Balance in Multiples of 100) 2 So, Z - 0.4317 e Z 0.649404169 Probability 0.39372046 3

The document discusses calculating probability using the logistic function. It provides the formula for calculating z and shows examples of calculating z, odds, and probability for different budget values. It also defines odds as the number of favorable outcomes divided by the number of unfavorable outcomes and shows how to calculate accuracy, sensitivity, and specificity from a confusion matrix.

Uploaded by

Videhi Bajaj
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Probability = e^z/(1+e^z)

z = -2.6335 + 0.22018(Avg Monthly Balance in multiples of 100)

2 So, z = -0.4317
e^Z 0.649404169
Probability 0.39372046

3
3 Overhead Costs 122308.3
a. Budget 50 100 200
Z 0.821 0.021 -1.579
Odds 2.272771 1.021222 0.206181
Probability 0.694449 0.50525 0.170937

b. Probability ( Success = 1) 0.5


Therefore, Odds 1 Odds = No. Fav Outcomes / No. of Unfavo

Budget((1.621- Ln(Odds))/0.016)
Budget 101.3125
350
-3.979 Here, Z = 1.621 -0.016(Budget) Z is also Ln(Odds)
0.018704
0.018361 Probability = Odds/(1+Odds)

o. Fav Outcomes / No. of Unfavourable Outecomes


b Z -1.916 Also, Ln(Odds)
Odds 0.147195
Probability 0.128308 Probability = Odds/(1+Odds)

Predicted 0 Predicted 1
Actual 0 3871 129
Actual 1 452 69

c. Accuracy 0.8714886087
Senstivity 0.13243762
Specificity 0.96775

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