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Improving predictive power of Binary Response model using Multi Step Logistic Approach

Genpact
By : Genpact
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Published : Nov 20, 2008
Length : 6
Type : White Paper
 
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Overview :
This white paper will discuss Multi Step Logistic Model which is a Non-Optimization technique but may be one of the most useful technique when cost of Maximization/Minimization is high i.e. when proportion of 1 and 0 are distinctly different i.e. when we can only achieve goal (Tagging actual  1 as 1 and actual Zero as 0) by few % at cost of huge misclassification of other.
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