Ridge Regression and Tikhonov Regularization Quiz
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Questions and Answers

What is another name for Ridge regression?

  • Stepwise regression
  • Elastic net regression
  • Lasso regression
  • Tikhonov regularization (correct)
  • In which fields has Ridge regression been used?

  • Medicine, sociology, and computer science
  • Econometrics, chemistry, and engineering (correct)
  • Mathematics, literature, and art
  • Biology, physics, and psychology
  • What problem does Ridge regression help mitigate in linear regression models?

  • Autocorrelation
  • Multicollinearity (correct)
  • Endogeneity
  • Heteroscedasticity
  • Who first introduced the theory of Ridge regression?

    <p>Hoerl and Kennard</p> Signup and view all the answers

    What does Ridge regression provide in exchange for a tolerable amount of bias?

    <p>Improved efficiency in parameter estimation problems</p> Signup and view all the answers

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