I'm curious about the functionality of GLM. I want to understand what role it plays and what specific tasks it performs.
7 answers
CoinPrince
Thu Oct 17 2024
This link function allows for a wide range of response distributions, such as binomial, Poisson, and gamma, to be modeled.
BlockchainVisionary
Thu Oct 17 2024
The generalized linear model (GLM) is an extension of the traditional linear regression framework, providing greater flexibility in modeling relationships between variables.
CryptoPioneer
Thu Oct 17 2024
Additionally, GLM allows the variance of each measurement to vary as a function of its predicted value, providing a more accurate representation of the data.
charlotte_clark_doctor
Thu Oct 17 2024
The GLM framework is widely used in statistical modeling, particularly in fields such as biostatistics, econometrics, and finance.
HanRiverVision
Thu Oct 17 2024
Unlike linear regression, GLM does not assume a direct linear relationship between the predictor variables and the response variable.