- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 4. Extensions of Multiple Regression
- Subject 3. Logistic Regression Model
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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