Logistic Regression Interview Questions – Part 2
Q1. What is the Maximum Likelihood Estimator (MLE)?
The
MLE chooses those sets of unknown parameters (estimator) that maximise
the likelihood function. The method to find the MLE is to use calculus
and setting the derivative of the logistic function with respect to an
unknown parameter to zero, and solving it will give the MLE. For a
binomial model, this will be easy, but for a logistic model, the
calculations are complex. Computer programs are used for deriving MLE
for logistic models.
(Here’s another approach to answering the question.)
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