Response Optimizer
Binary Logistic Regression

Optimization Solution - Predicted Responses

  

Minitab calculates the predicted responses using the global solution variable settings. The predicted responses are the responses that you can expect if the global solution variable settings are used.

For the predicted responses, the confidence interval (CI) is a range of values that is likely to contain the event probability for a selected combination of variable settings.

Example Output

 

Multiple Response Prediction

 

Variable  Setting

Children  Yes

ViewAd    Yes

 

 

               Fitted

Response  Probability  SE Fit       95% CI

Bought         0.5556  0.0956  (0.3691, 0.7276)

Interpretation

For the cereal data, the global solution variable settings are Children = Yes and ViewAd = Yes.

The predicted response indicates that, according to the fitted model, the probability that a customer will, on average, buy the cereal when these characteristics are true is 0.5556.

The confidence interval indicates that the range of likely values for the probability is from 0.3691–0.7276. These results are imprecise. The company should conduct additional experimentation and/or use a larger sample size if the company needs more precision.

 

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