Book Image

Data Science Using Python and R

By : Chantal D. Larose, Daniel T. Larose
Book Image

Data Science Using Python and R

By: Chantal D. Larose, Daniel T. Larose

Overview of this book

Data science is hot. Bloomberg named a data scientist as the ‘hottest job in America’. Python and R are the top two open-source data science tools using which you can produce hands-on solutions to real-world business problems, using state-of-the-art techniques. Each chapter in the book presents step-by-step instructions and walkthroughs for solving data science problems using Python and R. You’ll learn how to prepare data, perform exploratory data analysis, and prepare to model the data. As you progress, you’ll explore what are decision trees and how to use them. You’ll also learn about model evaluation, misclassification costs, naïve Bayes classification, and neural networks. The later chapters provide comprehensive information about clustering, regression modeling, dimension reduction, and association rules mining. The book also throws light on exciting new topics, such as random forests and general linear models. The book emphasizes data-driven error costs to enhance profitability, which avoids the common pitfalls that may cost a company millions of dollars. By the end of this book, you’ll have enough knowledge and confidence to start providing solutions to data science problems using R and Python.
Table of Contents (20 chapters)
Free Chapter
1
ABOUT THE AUTHORS
17
INDEX
18
END USER LICENSE AGREEMENT

13.1 AN OVERVIEW OF GENERAL LINEAR MODELS

In Chapter 11, the linear regression models we examined each had a continuous response variable. However, what happens if we want to build a regression model for a binary response instead? Or for a numeric discrete response? Luckily, there is a family of linear models that includes all three cases – continuous, numeric discrete, and binary – of regression response variables: General Linear Models (GLMs).

To explain how regression for three different kinds of responses can be related, we will briefly take another look at the parametric regression equations for each case. Once we establish how they are related, we will then use their descriptive versions, just as we did in Chapter 11.

Recall the parametric model for multiple regression, given here.

equationy=β0+β1x1+β2x2++βpxp+ε--

The sum β0 + β1x1 + β2x2 + ⋯ + βpxp is called...