@sameers4u29 wrote:
Binomial Logistic Regression
Insurance renewal – paid – 1
Insurance renewal – not paid – 0
Business: Beta coefficient -0.538, significant variable, exp(B) = 0.584
Professional: Beta coefficient -2.425, significant variable, exp(B) = 0.088
Constant: coefficient 3.105, exp(B) = 22.313
Dataset details
Occupation category’s – Business, Professional, Salaried, House Wife, Agriculture
Calculate probability of renewal for Agriculture occupation. How do i go about the calculation ?
I know P(Y=1) = e^z/1 + e^z but i wanted some clarity and verify my answer
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