Logistic Regression - Part 1 - Theory

In the Movie Matrix, while sentiment machines captured the world with a "Matrix" designed with a binary logic (1 and 0) and Morpheus found out Neo and made him learn about it and finally Neo deciphered the Matrix.

Logistic Regression is the NEO of Analytics; so whenever, we have a business question having binary responses (Yes / No, Will Buy it / Won't buy it .... i.e. 1 and 0), and we need to understand the pattern of these 1 and 0s, it is going to be our Saviour.

Logistic Regression is one of the most popular and power statistical modeling technique used for modeling a binary dependent variable.