Articles
On Comparison of Some Ridge Parameters in Ridge Regression
Author:
Ashok V. Dorugade
Y C Mahavidyalaya Halkarni, Tal-Chandgad, Kolhapur, Maharashtra,, IN
Abstract
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: http://dx.doi.org/10.4038/sljastats.v15i1.6792
Published on
05 Apr 2014.
Peer Reviewed
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