A New Type Iterative Ridge Estimator: Applications and Performance Evaluations

The usage of the ridge estimators is very common in presence of multicollinearity in multiple linear regression models. The ridge estimators are used as an alternative to ordinary least squares in case of multicollinearity as they have lower mean square error. Choosing the optimal value of the biasi...

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Bibliographic Details
Main Author: Aydın Karakoca
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Journal of Mathematics
Online Access:http://dx.doi.org/10.1155/2022/3781655
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