A two-parameter estimator for correlated regressors in gamma regression model

Abstract

Gamma Modified Two Parameter (GMTP) is a novel biased two-parameter estimator proposed to address the effects of multicollinearity in Generalized Linear Models (GLMs). An expansion of the linear regression model's Modified Two Parameters (MTP) is the newly suggested estimator. The performance of the GMTP estimator over the maximum likelihood estimator (MLE), gamma ridge estimator (GRE), gamma Liu estimator (GLE), and gamma Liu-type estimator (GLTE) reviewed in this article are theoretically compared, and the estimator's properties is discussed. A simulation study that examine the effects of the dispersion parameter, sample size, explanatory variables, and degree of correlation are used to examine the superiority of the GMTP with four different biasing parameters over the MLE, GRE, GLE, and GLTE with regard to the estimated MSE criterion. The GMTP estimator with biasing parameters and outperforms the MLE, GRE, GLE, and GLTE, according to simulation research. More research can be done to see how well the GMTP estimator performs in comparison to other estimators that were not examined in this study. 2 k 4 k