A Modified Two Parameter Estimator with Different Forms of Biasing Parameters in the Linear Regression Model

Despite its common usage in estimating the linear regression model parameters, the ordinary least squares estimator often suffers a breakdown when two or more predictor variables are strongly correlated. This study proposes an alternative estimator to the OLS and other existing ridge-type estimators...

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Bibliographic Details
Main Authors: Abiola T. Owolabi, Kayode Ayinde, Olusegun O. Alabi
Format: Article
Language:English
Published: Nigerian Society of Physical Sciences 2022-12-01
Series:African Scientific Reports
Subjects:
Online Access:https://asr.nsps.org.ng/index.php/asr/article/view/62