prediction

  1. C

    Equivalent to RMSE for logistic regression?

    I understand that RMSE is a useful summary measure for assessing predictive power of regression model with continuous dependent Y. Is RMSE equally applicable for logistic regression or is there a better summary measure of predictive power?
  2. G

    Prediction

    I was wondering what methods you can use if you are trying to predict failure in a product. I have a product and the following information about the product: 1. The date it was produced 2. number of products produced in the lot 3. The number of products purchased out of that lot 4...