Ridge Regression: A Panacea?.

Walton, Joseph M.; And Others

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Peer reviewed

ERIC Number: EJ182471

Record Type: Journal

Publication Date: 1978

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Ridge Regression: A Panacea?

Walton, Joseph M.; And Others

Multiple Linear Regression Viewpoints, 8, 2, 8-15, Jan 78

Ridge regression is an approach to the problem of large standard errors of regression estimates of intercorrelated regressors. The effect of ridge regression on the estimated squared multiple correlation coefficient is discussed and illustrated. (JKS)

Descriptors: Correlation, Mathematical Models, Multiple Regression Analysis, Predictor Variables

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