Exercise

Classifying purchasing behavior

Let's fit some GAMs to the csale data, which has the binary purchase outcome variable.

After you fit the model, answer the following question:

What does the log_mod model estimate the probability of a person making a purchase who has mean values of all variables?

Instructions 1/2

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Fit a logistic GAM predicting whether a purchase will be made based only on a smooth of the mortgage_age variable.