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Tolerance intervals from ridge regression in the presence of multicollinearity and high dimension

Authors :
Junyong Park
Source :
Statistics & Probability Letters. 121:128-135
Publication Year :
2017
Publisher :
Elsevier BV, 2017.

Abstract

In multiple regression in high dimension, we propose a method for computation of tolerance limits based on ridge regression and provide numerical studies to show the advantage of tighter tolerance limit from ridge regression compared to existing methods.

Details

ISSN :
01677152
Volume :
121
Database :
OpenAIRE
Journal :
Statistics & Probability Letters
Accession number :
edsair.doi...........53a6197b2c9257ffe63c0b150dddba77
Full Text :
https://doi.org/10.1016/j.spl.2016.10.016