Linear regression model selection based on robust bootstrapping technique

Problem statement: Bootstrap approach had introduced new advancement in modeling and model evaluation. It was a computer intensive method that can replace theoretical formulation with extensive use of computer. The Ordinary Least Squares (OLS) method often used to estimate the parameters of the regr...

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Main Authors: Uraibi, Hassan Sami, Midi, Habshah, Al-Talib, Bashar Abdul Aziz Majeed, Yousif, Jabar Hassan
Format: Article
Language:English
Published: Science Publications 2009
Online Access:http://psasir.upm.edu.my/id/eprint/15460/
http://psasir.upm.edu.my/id/eprint/15460/1/ajassp.2009.1191.1198.pdf
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author Uraibi, Hassan Sami
Midi, Habshah
Al-Talib, Bashar Abdul Aziz Majeed
Yousif, Jabar Hassan
author_facet Uraibi, Hassan Sami
Midi, Habshah
Al-Talib, Bashar Abdul Aziz Majeed
Yousif, Jabar Hassan
author_sort Uraibi, Hassan Sami
building UPM Institutional Repository
collection Online Access
description Problem statement: Bootstrap approach had introduced new advancement in modeling and model evaluation. It was a computer intensive method that can replace theoretical formulation with extensive use of computer. The Ordinary Least Squares (OLS) method often used to estimate the parameters of the regression models in the bootstrap procedure. Unfortunately, many statistics practitioners are not aware of the fact that the OLS method can be adversely affected by the existence of outliers. As an alternative, a robust method was put forward to overcome this problem. The existence of outliers in the original sample may create problem to the classical bootstrapping estimates. There was possibility that the bootstrap samples may contain more outliers than the original dataset, since the bootstrap re-sampling is with replacement. Consequently, the outliers will have an unduly effect on the classical bootstrap mean and standard deviation. Approach: In this study, we proposed to use a robust bootstrapping method which was less sensitive to outliers. In the robust bootstrapping procedure, we proposed to replace the classical bootstrap mean and standard deviation with robust location and robust scale estimates. A number of numerical examples were carried out to assess the performance of the proposed method. Results: The results suggested that the robust bootstrap method was more efficient than the classical bootstrap. Conclusion/Recommendations: In the presence of outliers in the dataset, we recommend using the robust bootstrap procedure as its estimates are more reliable.
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spelling upm-154602017-11-29T09:33:25Z http://psasir.upm.edu.my/id/eprint/15460/ Linear regression model selection based on robust bootstrapping technique Uraibi, Hassan Sami Midi, Habshah Al-Talib, Bashar Abdul Aziz Majeed Yousif, Jabar Hassan Problem statement: Bootstrap approach had introduced new advancement in modeling and model evaluation. It was a computer intensive method that can replace theoretical formulation with extensive use of computer. The Ordinary Least Squares (OLS) method often used to estimate the parameters of the regression models in the bootstrap procedure. Unfortunately, many statistics practitioners are not aware of the fact that the OLS method can be adversely affected by the existence of outliers. As an alternative, a robust method was put forward to overcome this problem. The existence of outliers in the original sample may create problem to the classical bootstrapping estimates. There was possibility that the bootstrap samples may contain more outliers than the original dataset, since the bootstrap re-sampling is with replacement. Consequently, the outliers will have an unduly effect on the classical bootstrap mean and standard deviation. Approach: In this study, we proposed to use a robust bootstrapping method which was less sensitive to outliers. In the robust bootstrapping procedure, we proposed to replace the classical bootstrap mean and standard deviation with robust location and robust scale estimates. A number of numerical examples were carried out to assess the performance of the proposed method. Results: The results suggested that the robust bootstrap method was more efficient than the classical bootstrap. Conclusion/Recommendations: In the presence of outliers in the dataset, we recommend using the robust bootstrap procedure as its estimates are more reliable. Science Publications 2009-06-30 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/15460/1/ajassp.2009.1191.1198.pdf Uraibi, Hassan Sami and Midi, Habshah and Al-Talib, Bashar Abdul Aziz Majeed and Yousif, Jabar Hassan (2009) Linear regression model selection based on robust bootstrapping technique. American Journal of Applied Sciences, 6 (6). pp. 1191-1198. ISSN 1546-9239; ESSN: 1554-3641 http://thescipub.com/abstract/10.3844/ajassp.2009.1191.1198 10.3844/ajassp.2009.1191.1198
spellingShingle Uraibi, Hassan Sami
Midi, Habshah
Al-Talib, Bashar Abdul Aziz Majeed
Yousif, Jabar Hassan
Linear regression model selection based on robust bootstrapping technique
title Linear regression model selection based on robust bootstrapping technique
title_full Linear regression model selection based on robust bootstrapping technique
title_fullStr Linear regression model selection based on robust bootstrapping technique
title_full_unstemmed Linear regression model selection based on robust bootstrapping technique
title_short Linear regression model selection based on robust bootstrapping technique
title_sort linear regression model selection based on robust bootstrapping technique
url http://psasir.upm.edu.my/id/eprint/15460/
http://psasir.upm.edu.my/id/eprint/15460/
http://psasir.upm.edu.my/id/eprint/15460/
http://psasir.upm.edu.my/id/eprint/15460/1/ajassp.2009.1191.1198.pdf