2024
DOI: 10.1016/j.jrras.2023.100788
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A new robust ridge parameter estimator having no outlier and ensuring normality for linear regression model

Selman Mermi,
Özge Akkuş,
Atila Göktaş
et al.
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“…To analyse the relationship between the dependent variables and the independent ones, we used multiple linear regression analysis. However, as Selman Mermi et al [62] state, multicollinearity is a problem usually encountered when using this statistical technique, which can lead to inaccurate estimates for the coefficients, inaccurate confidence levels, incorrect t-tests, or even to the excessive growth of standard deviations [63]. Taking this into consideration, we chose to use a robust estimation in order to avoid creating high variance in the coefficient estimations.…”
Section: Control Variablesmentioning
confidence: 99%
“…To analyse the relationship between the dependent variables and the independent ones, we used multiple linear regression analysis. However, as Selman Mermi et al [62] state, multicollinearity is a problem usually encountered when using this statistical technique, which can lead to inaccurate estimates for the coefficients, inaccurate confidence levels, incorrect t-tests, or even to the excessive growth of standard deviations [63]. Taking this into consideration, we chose to use a robust estimation in order to avoid creating high variance in the coefficient estimations.…”
Section: Control Variablesmentioning
confidence: 99%