%0 Journal Article %1 Marquardt1975 %A Marquardt, Donald W. %A Snee, Ronald D. %D 1975 %I American Statistical Association %J The American Statistician %K imported inference inversions modeling reflectance statistics %N 1 %P 3--20 %T Ridge Regression in Practice %U http://www.jstor.org/stable/2683673 %V 29 %X The use of biased estimation in data analysis and model building is discussed. A review of the theory of ridge regression and its relation to generalized inverse regression is presented along with the results of a simulation experiment and three examples of the use of ridge regression in practice. Comments on variable selection procedures, model validation, and ridge and generalized inverse regression computation procedures are included. The examples studied here show that when the predictor variables are highly correlated, ridge regression produced coefficients which predict and extrapolate better that least squares and is a safe procedure for selecting variables.

@article{Marquardt1975, abstract = {The use of biased estimation in data analysis and model building is discussed. A review of the theory of ridge regression and its relation to generalized inverse regression is presented along with the results of a simulation experiment and three examples of the use of ridge regression in practice. Comments on variable selection procedures, model validation, and ridge and generalized inverse regression computation procedures are included. The examples studied here show that when the predictor variables are highly correlated, ridge regression produced coefficients which predict and extrapolate better that least squares and is a safe procedure for selecting variables.}, added-at = {2008-09-09T17:13:52.000+0200}, author = {Marquardt, Donald W. and Snee, Ronald D.}, biburl = {https://www.bibsonomy.org/bibtex/2b7cf04bb726686138b5cbc0572e9cea4/jgomezdans}, copyright = {Copyright © 1975 American Statistical Association}, interhash = {d7044fce0c3ba6a555d84b6036c444ee}, intrahash = {b7cf04bb726686138b5cbc0572e9cea4}, issn = {00031305}, journal = {The American Statistician}, jstor_articletype = {primary_article}, jstor_formatteddate = {Feb., 1975}, keywords = {imported inference inversions modeling reflectance statistics}, number = 1, pages = {3--20}, publisher = {American Statistical Association}, timestamp = {2008-09-09T17:13:52.000+0200}, title = {Ridge Regression in Practice}, url = {http://www.jstor.org/stable/2683673}, volume = 29, year = 1975 }