You are trying to predict if a consumer who was targeted by a marketing campaign will purchase your company's product or not. You build a logistic model to make that prediction and train it on a data set with 6 examples. The table below tells you whether the consumers in your data purchased the product or not. Consumer Purchased product? No Yes 3 Yes 14 No 15 Yes No Let P, be the probability that consumer i purchases the product. The logistic regression estimates will be obtained as the result of the maximization of which likelihood function? O PIP2P3PaPsP6 o (1-PıX1-P.)(1-P:X1-P.)(1-Ps)(1-Pe)
You are trying to predict if a consumer who was targeted by a marketing campaign will purchase your company's product or not. You build a logistic model to make that prediction and train it on a data set with 6 examples. The table below tells you whether the consumers in your data purchased the product or not. Consumer Purchased product? No Yes 3 Yes 14 No 15 Yes No Let P, be the probability that consumer i purchases the product. The logistic regression estimates will be obtained as the result of the maximization of which likelihood function? O PIP2P3PaPsP6 o (1-PıX1-P.)(1-P:X1-P.)(1-Ps)(1-Pe)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
3
Transcribed Image Text:You are trying to predict if a consumer who was targeted by a marketing campaign will purchase your company's product or not. You build a logistic model to make
that prediction and train it on a data set with 6 examples. The table belovw tells you whether the consumers in your data purchased the product or not.
Consumer
Purchased product?
1
No
Yes
3
Yes
4
No
15
Yes
6
No
Let P, be the probability that consumer i purchases the product. The logistic regression estimates will be obtained as the result of the maximization of which
likelihood function?
O PIP2P3P4PSP6
o (1-P.X1-P.)(1- P:X1-Pa)(1 - Ps)(1- Pe)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman