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Keywords: target variable
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Proceedings Papers
Publisher: Petroleum Society of Canada
Paper presented at the Canadian International Petroleum Conference, June 13–15, 2006
Paper Number: PETSOC-2006-201
... for production rates during waterfloods. In predictive modeling, regression is traditionally applied to predict continuos target variables 1 . Models that predict binary response variables use logistic regression 2 . A binary target variable is characterized by two events. They can be of numerical nature 0 and 1...
Proceedings Papers
Publisher: Petroleum Society of Canada
Paper presented at the Canadian International Petroleum Conference, June 11–13, 2002
Paper Number: PETSOC-2002-028
... variables PETROLEUM SOCIETY CANADIAN INSTITUTE OF MINING, METALLURGY & PETROLEUM 2use logistic regression2. A binary target variable is characterized by two events. They can be of numerical nature (0 and 1), where zero represents a non-event and one represents an event. Alternatively, a character string...