I'm curious about the functionality of GLM. I want to understand what role it plays and what specific tasks it performs.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    CoinPrince
    Thu Oct 17 2024
   
  
    This link function allows for a wide range of response distributions, such as binomial, Poisson, and gamma, to be modeled.
  
  
 
            
            
  
    
    BlockchainVisionary
    Thu Oct 17 2024
   
  
    The generalized linear model (GLM) is an extension of the traditional linear regression framework, providing greater flexibility in modeling relationships between variables.
  
  
 
            
            
  
    
    CryptoPioneer
    Thu Oct 17 2024
   
  
    Additionally, GLM allows the variance of each measurement to vary as a function of its predicted value, providing a more accurate representation of the data.
  
  
 
            
            
  
    
    charlotte_clark_doctor
    Thu Oct 17 2024
   
  
    The GLM framework is widely used in statistical modeling, particularly in fields such as biostatistics, econometrics, and finance.
  
  
 
            
            
  
    
    HanRiverVision
    Thu Oct 17 2024
   
  
    Unlike linear regression, GLM does not assume a direct linear relationship between the predictor variables and the response variable.