On Comparison of Some Ridge Parameters in Ridge Regression
Open Access
|Apr 2014Abstract
In this article, a new approach to obtain the ridge parameter introduces for the multiple linear regression model suffers from the problem of multicollinearity. Furthermore, we compare the proposed ridge parameter with the other well-known ridge-parameters through ridge estimators evaluated elsewhere in terms of mean squares error (MSE) criterion. Finally, a numerical example and simulation study has been conducted to illustrate the optimality of the proposed ridge parameter.
DOI: https://doi.org/10.4038/sljastats.v15i1.6792 | Journal eISSN: 2424-6271
Language: English
Page range: 31 - 46
Published on: Apr 5, 2014
Published by: The Institute of Applied Statistics, Sri Lanka
In partnership with: Paradigm Publishing Services
© 2014 Ashok V. Dorugade, published by The Institute of Applied Statistics, Sri Lanka
This work is licensed under the Creative Commons License.