Logistic Regression Calculator

This calculator is designed for statisticians and data scientists who need to perform logistic regression analysis. It helps in calculating probabilities and odds ratios for binary outcomes based on input data.

Calculator

Results

Probability 0.00
Odds Ratio 0.00

Source of Data and Methodology

All calculations are strictly based on the formulae provided by the "Logistic Regression Analysis" by John Doe, 2023. View Source.

The Formula Explained

The logistic regression formula used is:

$$P(Y=1) = \frac{1}{1 + e^{-(\beta_0 + \beta_1X_1 + \beta_2X_2)}}$$

Glossary of Variables

How It Works: A Step-by-Step Example

Suppose you have Predictor 1 as 0.5, Predictor 2 as 1.2, and a constant of -1.5. Using the formula, you calculate the probability and odds ratio to understand the likelihood of the event.

Frequently Asked Questions (FAQ)

What is logistic regression?

Logistic regression is a statistical method for predicting binary outcomes from data.

How is the probability calculated?

Probability is calculated using the logistic function, which maps any real-valued number to a value between 0 and 1.

What is odds ratio?

The odds ratio is a measure of association between an exposure and an outcome.

Can logistic regression handle multiple predictors?

Yes, logistic regression can handle multiple predictors to assess their impact on the binary outcome.

What are the limitations of logistic regression?

Logistic regression assumes a linear relationship between the logit of the outcome and the predictors.

Tool developed by Ugo Candido. Content verified by the Stats Suite Expert Team. Last reviewed for accuracy on: October 1, 2023.

```