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Requirements Clarification & Assessment
Understanding the Problem Statement:
Logistic Regression: Used for binary classification problems where the outcome is categorical (e.g., yes/no, true/false).
Linear Regression: Used for predicting continuous numerical outcomes (e.g., predicting sales, temperature).
Key Differences:
Nature of Outcome: Logistic regression predicts probabilities of class membership, while linear regression predicts continuous values.
Model Interpretation: Logistic regression coefficients are interpreted as changes in log odds, while linear regression coefficients represent changes in the outcome variable.
Linear Regression: Evaluated using regression metrics such as Mean Squared Error (MSE), Root Mean Squared Error (RMSE), Mean Absolute Error (MAE), R-squared.
Model Requirements:
Data Suitability: Ensure data meets assumptions for each model type (e.g., linearity, independence).