What is the difference between linear regression and logistic regression?

Question

When we have to predict the value of a categorical (or discrete) outcome we use logistic regression. I believe we use linear regression to also predict the value of an outco

Answer 1

In linear regression, the outcome (dependent variable) is continuous. It can have any one of an infinite number of possible values. In logistic regression, the outcome (dependent variable) has only a limited number of possible values.

For instance, if X contains the area in square feet of houses, and Y contains the corresponding sale price of those houses, you could use linear regression to predict selling price as a function of house size. While the possible selling price may not actually be any, there are so many possible values that a linear regression model would be chosen.

If, instead, you wanted to predict, based on size, whether a house would sell for more than $200K, you would use logistic regression. The possible outputs are either Yes, the house will sell for more than $200K, or No, the house will not.