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I demonstrate how to perform a binary (a.k.a., binomial) logistic regression. The data were simulated to correspond to a "real-life" case where an attempt is made to build a model to predict the probability that a person would default on a loan, using annual salary and gender as predictors. | Research Methodology
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SOLVED: Based on the various stepwise approaches for selectingan excellent (if not optimal) fitted multiple regression model,which one approach would you select if you had to explain to aclient what your chosen model is and what approach you used toobtain it?Foward Selection modeling, Backward eliminationmodeling, or Mixed method
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