Graphical methods for evaluating ridge regression estimator in mixture experiments |
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Authors: | Dae Heung Jang Min Yoon |
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Affiliation: | Department of Applied Mathematics , Pukyong National University , Pusan, 608-737, Republic of Korea |
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Abstract: | When the component proportions in mixture experiments are restricted by lower and upper bounds, multicollinearity appears all too frequently. Thus, we can suggest the use of ridge regression as a mean for stabilizing the coefficient estimates in the fitted model. We propose graphical methods for evaluating the effect of ridge regression estimator with respect to the predicted response value and the prediction variance. |
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Keywords: | multicollinearity ridge regression estimator ridge trace the response trace the prediction variance trace |
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