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Binary response modeling and validation of its predictive ability


Citation

Midi, Habshah and Rana, Sohel and Sarkar, Santosh Kumar (2010) Binary response modeling and validation of its predictive ability. WSEAS Transactions on Mathematics, 9 (6). pp. 438-447. ISSN 1109-2769; ESSN: 2224-2880

Abstract

Assessment of the quality of the logistic regression model is central to the conclusion. Application of logistic regression modeling techniques without subsequent performance analysis regarding predictive ability of the fitted model can result in poorly fitting results that inaccurately predict outcomes on new subjects. It is not unusual for statisticians to check fitted model with validation. Validation of predictions from logistic regression models is of paramount importance. Model validation is possibly the most important step in the model building sequence. Model validity refers to the stability and reasonableness of the logistic regression coefficients, the plausibility and usability of the fitted logistic regression function, and the ability to generalize inferences drawn from the analysis. The aim of this study is to evaluate and measure how effectively the fitted logistic regression model describes the outcome variable both in the sample and in the population. A straightforward and fairly popular split-sample approach has been used here to validate the model. The present study have dealt with how to measure the quality of the fit of a given model and how to evaluate its performance regarding the predictive ability in order to avoid poorly fitted model. Different summary measures of goodness-of-fit and other supplementary indices of predictive ability of the fitted model indicate that the fitted binary logistic regression model can be used to predict the new subjects.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Science
Institute for Mathematical Research
Publisher: World Scientific and Engineering Academy and Society (WSEAS) Press
Keywords: Validation; Training sample; Deviance; Prediction error rate; ROC curve
Depositing User: Nurul Ainie Mokhtar
Date Deposited: 08 Jun 2015 04:04
Last Modified: 20 Oct 2015 08:35
URI: http://psasir.upm.edu.my/id/eprint/13398
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