Condition-index based new ridge regression estimator for linear regression model with multicollinearity

Ridge regression is employed to estimate the regression parameters while circumventing the multicollinearity among independent variables. The ridge parameter plays a vital role as it controls bias-variance tradeoff. Several methods for choosing the ridge parameter are suggested in the literature. In...

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Bibliographic Details
Main Authors: Irum Sajjad Dar, Sohail Chand, Maha Shabbir, B.M. Golam Kibria
Format: Article
Language:English
Published: Elsevier 2023-04-01
Series:Kuwait Journal of Science
Subjects:
Online Access:https://www.sciencedirect.com/science/article/pii/S2307410823000135
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