Abstract:The selection of influential predictor factors with maximum model accuracy is the main goal of the regression domain. The present study is conducted to integrate an innovative method, that is, “a hybrid of relaxed lasso and ridge regression,” with a logistic regression model in the context of dichotomous factors. The efficacy of the proposed approach is illustrated using both simulated and real-life data. The results suggested that HRLR-logistic selected the best subset compared to standard logistic, Lasso, an… Show more
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