CFA Practice Question

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CFA Practice Question

Logistic regression is used when:

A. the independent variable is categorical with two categories
B. the dependent variable is categorical with two categories
C. the independent variable is continuous
D. the dedependent variable is continuous

Correct Answer: B

A logistic regression model is one with a qualitative (i.e., categorical) dependent variable, so logistic regression is often used in binary classification problems, which are common in machine learning and neural networks.

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