Artificial neural network approach as an alternative to ridge regression on an economic problem

  • Authors:

  • Senay Yolacan;Berna Yazici;Embiya Agaoglu

  • Affiliations:

  • Department of Statistics, Anadolu University, Eskisehir, Turkey;Department of Statistics, Anadolu University, Eskisehir, Turkey;Department of Statistics, Anadolu University, Eskisehir, Turkey

  • Venue:
  • NOLASC'05 Proceedings of the 4th WSEAS International Conference on Non-linear Analysis, Non-linear Systems and Chaos
  • Year:
  • 2005

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Abstract

In this study ridge regression and artificial neural network (ANN) algorithm that does not require any assumption are applied on an economic data set with multicollinearity. The results are interpreted and compared.