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Instructor: Welcome back, in this lecture,
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we are going to focus on the continuous
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logistic probability distribution.
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We denote a logistic distribution
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with the entire word logistic, followed by two parameters.
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It's mean and scale parameter,
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like the one for the exponential distribution.
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We also refer to the mean parameter as the location
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and we shall use the terms interchangeably
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for the remainder of the video.
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Thus, we read the statement below as:
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variable Y follows a logistic distribution
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with location 6 and a scale of 3.
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All right, we often encounter logistic distributions
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when trying to determine how continuous variable inputs
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can affect the probability of a binary outcome.
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This approach is commonly found
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in forecasting competitive sports events where there exist
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only two clear outcomes, victory or defeat.
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For instance, we can analyze whether the average speed
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of a tennis player's serve plays
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a crucial role in the outcome of the match.
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Expectation dictates that sending the ball
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with higher velocity leaves opponents
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with a shorter period to respond.
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This usually results in a better hit,
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which could lead to a point for the server.
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To reach the highest speeds, tennis players often give up
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some control over the shot, so are less accurate.
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Therefore, we cannot assume that there is
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a linear relationship between point conversion
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and serve speeds.
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Theory suggests there exists some optimal speed
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which enables the serve to still be accurate enough.
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Then, most of the shots we convert into points
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will likely have similar velocities.
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As tennis players go further away from the optimal speed
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their shots either become too slow
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and easy to handle, or too inaccurate.
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This suggests that the graph of the PDF
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of the logistic distribution would look similarly
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to the normal distribution.
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Actually, the graph of the logistic distribution
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is defined by two key features:
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its mean and its scale parameter.
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The former dictates the center of the graph.
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Whilst the latter shows how spread out
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the graph is going to be.
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Going back to the tennis example,
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the mean would represent the optimal speed
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whilst the scale would dictate
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how lenient we can be with the hit.
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To elaborate, some tennis players
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can hit a great serve further away
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from the optimal speed than others.
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For instance, Serena Williams can hit fantastic serves
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even if the ball moves faster,
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or slower than it optimally should.
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Therefore, she is going to have a more spread
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out PDF than some of her opponents.
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Fantastic now, let's discuss
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the cumulative distribution function.
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It should be a curve that starts off slow,
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then picks up rather quickly
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before plateauing around the 1 mark.
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That is because once we reach values near the mean
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the probability of converting the point drastically goes up.
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Once again, the scale would dictate the shape of the graph.
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In this case, the smaller the scale
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the later the graph starts to pick up,
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but the quicker it reaches values close to 1.
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Okay, you can use expected values to estimate
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the variance of the distribution.
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To avoid confusing mathematical expressions
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you only need to know it is equal
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to the square of the scale times pie squared over 3.
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Great job everybody, now that you know
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all these various types of distributions
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we can explore how probability features in other fields.
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In the next section of this course,
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we are going to focus on statistics,
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data science and other related fields,
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which integrate probability, thanks for watching.
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