Discussion: Logistic Regression Values
This week’s readings discuss conditional probabilities, conditional odds, logits, odds ratios, relative risk, and slopes. These can all be confusing terms but the good news is that all these values have some relationship to each other. Researchers have their own opinions on which values makes the most sense to report.
In a 2- to 3-paragraph post, construct a persuasive argument for the value (conditional probability, odds, odds ratio, etc.) that, intuitively, makes the most sense for you to report as a result to your audience. Be sure to provide a specific rationale for your choice.
Some possible resources
Osborne, J. W. (2015). Best practices in logistic regression. Thousand Oaks, CA: SAGE Publications.
Best Practices in Logistic Regression, 1st Edition by Osborne, J. Copyright 2015 by Sage College. Reprinted by permission of Sage College via the Copyright Clearance Center.These PDF’s are Attached
Laureate Education (Producer). (2017e). Creating a contingency table in Microsoft Excel [Video file]. Baltimore, MD: Author.
NOTE: Or use readings that provide simple examples that demonstrate important aspects of logistic regression, including how logistic regression is distinct from ordinary least squares (OLS) regression and how it is much more effective than OLS regression in predicting dichotomous variables.
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The relationship between conditional probability, odds as well as odds ratio makes these values the most easily to report. From their definition, odds for example express the likelihood of an event taking place compared to the likelihood of an event not happening. On the other hand, odds ratio is a method of comparing whether the chances of a certain event is similar for two groups. The value of odds range between zero and one and are normally determined from probabilities. Conditional probability is referred to as the occurrence of an event depending on the occurrence of an event that occurred before. Conditional probability, odds and odd ratios all depend on two groups in………………………
APA
342 words