Ridge Regression Applications to Nonorthogonal ProblemsAuthor.pdf
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Ridge Regression: Applications to Nonorthogonal ProblemsAuthor(s): Arthur E. Hoerl and Robert W. KennardSource: Technometrics, Vol. 12, No. 1 (Feb., 1970), pp. 69-82
This paper is an exposition of the use of ridge regression methods. Two examples
from the literature are used as a base. Attention is focused on the RIDGE TRACE
which is a two-dimensional graphical procedure for portraying the complex relationships
in multifactor data. Recommendations are made for obtaining a better regression
equation than that given by ordinary least squares estimation.



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