Performance of Alternative Estimators in the Poisson-Inverse Gaussian Regression Model: Simulation and Application

Autor: Ashraf Bushra, Amin Muhammad, Mahmood Tahir, Faisal Muhammad
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Applied Mathematics and Nonlinear Sciences, Vol 9, Iss 1 (2024)
Druh dokumentu: article
ISSN: 2444-8656
DOI: 10.2478/amns-2024-1493
Popis: The study proposed and compared the biased estimators for the Poisson-Inverse Gaussian regression model to deal with correlated regressors. The limitations of each biased estimator are also discussed. Additionally, some biasing parameters for the Stein estimator are proposed. The performance of estimators is evaluated with the help of a simulation study and a real-life application based on the minimum mean squared error criterion. The simulation and application findings favor the ridge estimator with specific biasing parameters because it provides less variation than others.
Databáze: Directory of Open Access Journals