Robust weighted ridge regression based on S – estimator

Ordinary least squares (OLS) estimator performance is seriously threatened by correlated regressors often called multicollinearity. Multicollinearity is a situation when there is strong relationship between any two exogenous variables. In this case, the ridge estimator offers more reliable estimatio...

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Bibliographic Details
Main Authors: Taiwo Stephen Fayose, Kayode Ayinde, Olatayo Olusegun Alabi, Abimbola Hamidu Bello
Format: Article
Language:English
Published: Nigerian Society of Physical Sciences 2023-12-01
Series:African Scientific Reports
Subjects:
Online Access:https://asr.nsps.org.ng/index.php/asr/article/view/126
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