Tag python

Introduction to Logistic Regression

Introduction to Logistic Regression

Logistic regression is a statistical methodology that allows modeling the relationships between a binary categorical variable and a set of explanatory variables. Specifically, it models the probability that an observation belongs to one of the categories of that binary variable.…

Linear Programming and Simplex Method

Linear Programming and Simplex Method

What is Linear Programming? The concept of Linear Programming or Linear Optimisation refers to that branch of mathematics that is dedicated to optimising (maximising or minimising) a linear objective function subject to constraints in the form of equations and/or inequalities.…