MODEL PERFORMANCE ANALYSIS AND MODEL VALIDATION IN LOGISTIC REGRESSION

Model performance analysis and model validation in logistic regression

Model performance analysis and model validation in logistic regression

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In this paper a new model validation procedure for a logistic regression model is presented.At first, we illustrate a brief review of different techniques of model validation.Next, we define a number Color Changing Cup of properties required for a model to be considered "good", 160 and a number of quantitative performance measures.Lastly, we describe a methodology for the assessment of the performance of a given model by using an example taken from a management study.

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