Glossary term
Glossary term
Foundations
The logarithm of the odds of some event.
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Created for this library
A risk modeling team works in log-odds during scorecard development because additive transformations on log-odds are easy to interpret.
A medical research team works with log-odds when combining risk factors so each contribution is additive and easy to explain.
A churn analyst works in log-odds when interpreting logistic regression coefficients because changes are linear in log-odds.
Definition source: Google for Developers Machine Learning Glossary | Creative Commons Attribution 4.0 License