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2007 Apr 12
1
Question on ridge regression with R
Hi, I am working on a project about hospital efficiency. Due to the high multicolinearlity of the data, I want to fit the model using ridge regression. However, I believe that the data from large hospital(indicated by the number of patients they treat a year) is more accurate than from small hosptials, and I want to put more weight on them. How do I do this with lm.ridge? I know I just need to put "weights=***" in lm function, but for lm.ridge, i don't see that option in lm.ridge. Could somebody give me suggestions on that? thanks ben [[alternative HTML version deleted]]