Ridge Regression Estimators Improve Accuracy of Predictive Models with Multicollinearity.
The article tests different methods to improve accuracy in regression analysis when variables are correlated. The researchers focused on Poisson Regression models and used a metric called Average Mean Square Error (AMSE) to compare the performance of 50 estimators. They found that having fewer variables and a higher intercept value led to better estimator performance. Some estimators consistently outperformed others across different correlation levels, sample sizes, intercept values, and numbers of explanatory variables.