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Ridge Regression: Applications to Nonorthogonal Problems

Ridge Regression: Applications to Nonorthogonal Problems,10.1080/00401706.1970.10488635,Technometrics,Arthur E. Hoerl,Robert W. Kennard

Ridge Regression: Applications to Nonorthogonal Problems   (Citations: 270)
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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.
Journal: Technometrics , vol. 12, no. 1, pp. 69-82, 1970
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