Open AccessPredictive efficiency of ridge regression estimator
Author(s) -
Manoj Kumar Tiwari,
Amit Sharma
Publication year - 2017
Publication title -
yugoslav journal of operations research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 21
eISSN - 1820-743X
pISSN - 0354-0243
DOI - 10.2298/yjor170114014t
Subject(s) - estimator , ordinary least squares , ridge , statistics , regression , regression analysis , mathematics , sample (material) , linear regression , least squares function approximation , robust regression , econometrics , geography , chemistry , chromatography , cartography
In this article we have considered the problem of prediction within and outside the sample for actual and average values of the study variables in case of ordinary least squares and ridge regression estimators. Finally, the performance properties of the estimators are analyzed