Unknown

Dataset Information

0

Two-Parameter Modified Ridge-Type M-Estimator for Linear Regression Model.


ABSTRACT: The general linear regression model has been one of the most frequently used models over the years, with the ordinary least squares estimator (OLS) used to estimate its parameter. The problems of the OLS estimator for linear regression analysis include that of multicollinearity and outliers, which lead to unfavourable results. This study proposed a two-parameter ridge-type modified M-estimator (RTMME) based on the M-estimator to deal with the combined problem resulting from multicollinearity and outliers. Through theoretical proofs, Monte Carlo simulation, and a numerical example, the proposed estimator outperforms the modified ridge-type estimator and some other considered existing estimators.

SUBMITTER: Lukman AF 

PROVIDER: S-EPMC7245687 | biostudies-literature | 2020

REPOSITORIES: biostudies-literature

altmetric image

Publications

Two-Parameter Modified Ridge-Type M-Estimator for Linear Regression Model.

Lukman Adewale F AF   Ayinde Kayode K   Golam Kibria B M BM   Jegede Segun L SL  

TheScientificWorldJournal 20200515


The general linear regression model has been one of the most frequently used models over the years, with the ordinary least squares estimator (OLS) used to estimate its parameter. The problems of the OLS estimator for linear regression analysis include that of multicollinearity and outliers, which lead to unfavourable results. This study proposed a two-parameter ridge-type modified M-estimator (RTMME) based on the M-estimator to deal with the combined problem resulting from multicollinearity and  ...[more]

Similar Datasets

| S-EPMC7204127 | biostudies-literature
| S-EPMC4377081 | biostudies-other
| S-EPMC8379455 | biostudies-literature
| S-EPMC4790465 | biostudies-literature
| S-EPMC6599295 | biostudies-literature
| S-EPMC8608338 | biostudies-literature
| S-EPMC7702219 | biostudies-literature
| S-EPMC7135267 | biostudies-literature
| S-EPMC5832538 | biostudies-literature
| S-EPMC4627720 | biostudies-literature