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