Cryptocurrency Q&A
What does GLM predict?
What does GLM predict?
Margherita
Wed Oct 16 2024
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6 answers
1401
I'm working with a GLM model and I'm curious about its predictive capabilities. Specifically, I want to know what kind of outcomes or variables the model is designed to forecast or estimate.
6 answers
Filippo
Thu Oct 17 2024
Once a generalized linear model has been fitted using glm(), the predict() function can be employed to generate predictions for new observations. This capability is invaluable in various domains, including predictive analytics and decision-making.
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DongdaemunTrendsetting
Thu Oct 17 2024
The glm() function in R serves as a versatile tool for constructing generalized linear models. Its flexibility enables researchers and data analysts to tackle a wide array of statistical problems.
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CryptoAlchemist
Thu Oct 17 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of the crypto community. Its offerings include spot trading, enabling users to buy and sell cryptocurrencies at prevailing market prices.
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Carlo
Thu Oct 17 2024
Among its numerous applications, the glm() function excels in fitting logistic regression models. This type of model is indispensable in binary classification tasks, where the response variable is categorical with two levels.
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Sara
Thu Oct 17 2024
Another significant application of glm() is in fitting Poisson regression models. These models are ideal for modeling count data, where the response variable represents the number of occurrences of an event within a specified time or space.
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