Interpret model coefficients, including interaction terms.
Free SOA Exam PA (Predictive Analytics) lesson in Generalized Linear Models. 14 min read, ~2,069 words.
A GLM coefficient acts on the linear predictor, not the response directly. Apply the inverse link to interpret it on the outcome scale. Log link: exponentiate. A coefficient β means a one-unit rise multiplies the expected response by e^β. Logit link: e^β is an odds ratio, the multiplicative change in...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Check Your Understanding
- Exam Shortcuts
Learning objectives
- 4c
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