Page 161 - Statistics II for Dummies
P. 161

1.0    Chapter 8: Making Predictions by Using Logistic Regression  145

                                     Probability of enjoying this movie  0.6
                                       0.8






                                       0.4

                         Figure 8-3:
                          The best-    0.2
                            fitting
                           S-curve
                            for the    0.0
                         movie and          10          20           30          40           50
                          age data.                                 Age



                                  Estimating p


                                  You’ve determined the best-fitting logistic regression model for your data,
                                  obtained the values of b  and b  from the logistic regression analysis, and
                                                      0     1
                                  know the precise S-curve that fits your data best (check out the previous
                                  sections). You’re now ready to estimate p and make predictions about the
                                  probability that the event of interest will happen, given the value of the
                                  explanatory variable x.
                                  To estimate p for a particular value of x, plug that value of x into your equa-
                                  tion (the best-fitting logistic regression model) and simplify it by using your
                                  algebra skills. The number you get is the estimated chance of the event
                                  occurring for that value of x, and it should be a number between 0 and 1,
                                  being a probability and all.

                                  Continuing with the movie and age example from the preceding sections, sup-
                                  pose you want to predict whether a 15-year-old would enjoy the movie. To
                                  estimate p, plug 15 in for x in the logistic regression model    to get

                                                                   .














                                                                                                       7/23/09   9:28:37 PM
           13_466469-ch08.indd   145
           13_466469-ch08.indd   145                                                                   7/23/09   9:28:37 PM
   156   157   158   159   160   161   162   163   164   165   166