Odds and Log(Odds), Clearly Explained!!!

Odds and Log(Odds), Clearly Explained!!!

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Odds and Log(Odds), Clearly Explained!!!
The odds aren't as odd as you might think, and the log of the odds is even simpler! This StatQuest covers those subjects so that you can understand the statistics for true/false type problems (like Logistic Regression). For a complete index of all the StatQuest videos, check out: https://statquest.org/video-index/ If you'd like to support StatQuest, please consider... Patreon: https://www.patreon.com/statquest ...or... YouTube Membership: https://www.youtube.com/channel/UCtYLUTtgS3k1Fg4y5tAhLbw/join ...buying one of my books, a study guide, a t-shirt or hoodie, or a song from the StatQuest store... https://statquest.org/statquest-store/ ...or just donating to StatQuest! https://www.paypal.me/statquest Lastly, if you want to keep up with me as I research and create new StatQuests, follow me on twitter: https://twitter.com/joshuastarmer 0:00 Awesome song and introduction 0:23 Odds 1:54 Odds vs Probabilities 3:03 Calculating Odds from Probabilities 5:23 Log(odds) 8:45 Logits 9:30 Log(odds) are Normally Distributed 10:24 Summary #statquest #statistics