Which model is better than logistic regression?
I'm exploring different statistical models and want to know which ones are considered superior to logistic regression in terms of performance and applicability.
What does GLM predict?
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.
What is GLM in actuarial pricing?
I'm trying to understand actuarial pricing and came across the term GLM. Could someone explain what GLM stands for and its role in actuarial pricing?
What is an example of a logit and probit model?
I'm looking for an explanation of logit and probit models, specifically an example that illustrates each one. I want to understand how these models are used and what they represent.
How do you specify a probit model?
I'm trying to understand how to specify a probit model. I want to know the steps or methods involved in defining such a model, particularly in the context of statistical analysis or econometrics.