5. Logistic Regression – Generating Logistic estimates using Excel and Log Loss

Описание

In this video we cover the intuition behind log loss and demonstrate the formula in an excel spreadsheet using a sample of variables on the Charles Book Club case study.
We then further demonstrate how to generate a simple Logistic Model using Excel Solver which minimizes the Log Loss over the dataset. The regression equation so generated is contrasted with the regression estimates using R – demonstrating that they are the same. The objective is to explain log loss in a practical example to the viewer.