Podcast
Questions and Answers
Which library must be imported to fit the logistic regression model?
Which library must be imported to fit the logistic regression model?
- scikit-learn (correct)
- pandas
- NumPy
- matplotlib
What type of variable is the binary win variable considered in logistic regression?
What type of variable is the binary win variable considered in logistic regression?
- Binary dependent variable (correct)
- Continuous variable
- Independent variable
- Nominal variable
Which command is used to estimate the model in logistic regression?
Which command is used to estimate the model in logistic regression?
- GLM (correct)
- REGRESSION
- ANCOVA
- LM
What distribution type is specified for the logistic regression model?
What distribution type is specified for the logistic regression model?
What is created to indicate winning and losing in the logistic regression model?
What is created to indicate winning and losing in the logistic regression model?
Which of the following is used to evaluate the accuracy of the fitted logistic regression model?
Which of the following is used to evaluate the accuracy of the fitted logistic regression model?
What statistical measures can you obtain from the logistic regression model output?
What statistical measures can you obtain from the logistic regression model output?
What is the main goal of running a logistic regression analysis?
What is the main goal of running a logistic regression analysis?
What function from the scikit-learn library is used to create the confusion matrix?
What function from the scikit-learn library is used to create the confusion matrix?
In the confusion matrix, what do the values on the diagonal represent?
In the confusion matrix, what do the values on the diagonal represent?
What is the success rate of the logistic regression model for winning games?
What is the success rate of the logistic regression model for winning games?
What variable is suggested to improve the model's performance?
What variable is suggested to improve the model's performance?
What was the predicted success rate for losing games according to the model?
What was the predicted success rate for losing games according to the model?
How does the winning rate when teams play at home compare to when they play away?
How does the winning rate when teams play at home compare to when they play away?
What percentage of results did the logistic regression model predict correctly overall?
What percentage of results did the logistic regression model predict correctly overall?
Which operation did the confusion matrix allow the model to perform?
Which operation did the confusion matrix allow the model to perform?
What is the primary purpose of extracting the year from the date column?
What is the primary purpose of extracting the year from the date column?
Which model is used for forecasting game outcomes in the dataset?
Which model is used for forecasting game outcomes in the dataset?
What was the success rate of the model's predictions?
What was the success rate of the model's predictions?
What outcome is indicated by the fitted probabilities in the dataset?
What outcome is indicated by the fitted probabilities in the dataset?
What was done with the dataset from 2017 in relation to 2018?
What was done with the dataset from 2017 in relation to 2018?
What are fitted values derived from in this forecasting process?
What are fitted values derived from in this forecasting process?
Why is forecasting considered practical in this context?
Why is forecasting considered practical in this context?
What type of data is used from 2017 to build the forecasting model?
What type of data is used from 2017 to build the forecasting model?
What is the primary purpose of the model discussed?
What is the primary purpose of the model discussed?
What is the expected outcome when adding an additional independent variable to the logistic regression model?
What is the expected outcome when adding an additional independent variable to the logistic regression model?
What is the purpose of the confusion matrix in this analysis?
What is the purpose of the confusion matrix in this analysis?
How did the second model compare to the first in terms of prediction accuracy?
How did the second model compare to the first in terms of prediction accuracy?
What is the distinction between training data and test data?
What is the distinction between training data and test data?
What independent variable was particularly noted for its reliability in the sports model?
What independent variable was particularly noted for its reliability in the sports model?
Which function is used to obtain the parameters from the model?
Which function is used to obtain the parameters from the model?
What does the classification report provide in the context of model evaluation?
What does the classification report provide in the context of model evaluation?
Flashcards
Logistic Regression
Logistic Regression
A statistical method used to predict the probability of a binary outcome (e.g., win or lose) based on one or more independent variables.
Scikit-learn
Scikit-learn
A library in Python used for machine learning tasks, including logistic regression.
Confusion Matrix
Confusion Matrix
A method of evaluating the accuracy of a classification model by comparing the predicted outcomes (fitted values) to the actual outcomes (true values).
Fitted Probability
Fitted Probability
A variable used to represent the likelihood of a certain outcome, often expressed as a number between 0 and 1. This is often used in logistic regression to quantify the probability of a binary outcome.
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Generalized Linear Model (GLM)
Generalized Linear Model (GLM)
A statistical model used to predict the probability of a binary outcome (e.g., win or lose) by assuming a linear relationship between the independent variables and the logit of the probability of the outcome.
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Model Fitting
Model Fitting
The process of using a statistical model (like logistic regression) to estimate the values of unknown parameters using a set of observations.
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Binary Dependent Variable
Binary Dependent Variable
A variable that represents the true outcome of an event, often a binary value (0 or 1) indicating whether an event occurred or not.
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Coefficient
Coefficient
A statistical measure that indicates the strength of the relationship between a predictor variable and a dependent variable, often used in regression models.
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Success Rate
Success Rate
The success rate of a model, calculated as the percentage of correctly predicted outcomes. In binary classification, this is the overall percentage of wins and losses predicted correctly.
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Home-Field Advantage
Home-Field Advantage
A variable that takes the value of 1 when a team plays at home and 0 when they play away. It's a dummy variable.
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Classification Report
Classification Report
A technique used for evaluating a classification model by computing a table of predicted and actual outcomes. It helps analyze the model's performance in terms of correctly and incorrectly classified instances.
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True Positives (TP)
True Positives (TP)
The number of correctly predicted winning games.
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True Negatives (TN)
True Negatives (TN)
The number of correctly predicted losing games.
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False Positives (FP)
False Positives (FP)
The number of losing games incorrectly predicted as winning games.
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False Negatives (FN)
False Negatives (FN)
The number of winning games incorrectly predicted as losing games.
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Home Team Advantage Variable
Home Team Advantage Variable
A variable used in a model to represent whether a team is playing at home or away, typically coded as 1 for home and 0 for away.
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Forecasting
Forecasting
The process of using a statistical model developed on training data to predict outcomes on new, unseen data.
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Training Data
Training Data
A subset of data used to train a machine learning model. It helps the model learn patterns and relationships.
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Test Data
Test Data
A subset of data used to evaluate the performance of a trained model on unseen data. It ensures the model generalizes well.
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Data Splitting
Data Splitting
The process of dividing a dataset into two parts: training data and test data. This helps to avoid overfitting and evaluate the model's performance.
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First Half of a Season
First Half of a Season
The first half of a regular season in sports, used to train a model.
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Second Half of a Season
Second Half of a Season
The second half of a regular season in sports, used to test a model's predictive accuracy.
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Logit Model
Logit Model
A statistical model that aims to predict the probability of a binary outcome (e.g., win/lose, yes/no).
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Fitted value
Fitted value
The value predicted by the model for a specific observation or event.
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Logistic Regression Replication
- Jupyter Notebook used to replicate logistic regression model
- Scikit-learn library imported to fit logistic regression model
- Data variables imported and organized
- Binary variable (win/loss) is dependent variable
- Pythagorean win percentage is independent variable
- Model structure similar to linear regression, but uses GLM (Generalized Linear Model)
- Model fits logistic regression to binomial distribution
- Coefficients (constant, regression), standard errors, and p-values obtained
- Calculate probabilities of winning using logistic regression model
- Win/loss variable created based on fitted probabilities
- Evaluate accuracy by comparing fitted vs. actual outcomes
- Confusion matrix used from scikit-learn for performance evaluation
Model Visualization and Improvement
- Data visualized (home vs. away wins)
- Adding home-field advantage as additional explanatory variable
- Evaluated performance with added variable
- Python code for fitting the model is similar to previous examples
- Model coefficients for dummy home variable
- Predicted probabilities obtained
Practical Forecasting Model
- Model performance evaluated in forecasting games (success rate, accuracy)
- Need to use data from before event to fit model (real-time application challenged)
- Model fitted to first half of regular season data used to predict second half
- Parameters obtained from training data set used for forecasting
- Split data into training and test datasets
- NHL regular season data (2017/2018) used for demonstration/analysis of model fitting
- Data extracted for each calendar year (2017 & 2018)
- Logistic regression model fitted
- Fitted values obtained
- Fitted probabilities and binary variables generated from model parameters
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