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Modern variable selection procedures make use of penalization methods to execute simultaneous model selection and estimation. A popular method is the LASSO (least absolute shrinkage and selection operator), the use of which requires…

Methodology · Statistics 2023-01-12 Meadhbh O'Neill , Kevin Burke

We propose a robust variable selection procedure using a divergence based M-estimator combined with a penalty function. It produces robust estimates of the regression parameters and simultaneously selects the important explanatory…

Methodology · Statistics 2020-01-01 Abhijit Mandal , Samiran Ghosh

We consider regression models with data of the type $y_i=m(x_i)+\varepsilon_i$, where the $m(x)$ curve is taken locally constant, with unknown levels and jump points. We investigate the large-sample properties of the minimum least squares…

Methodology · Statistics 2026-02-26 Steffen Grønneberg , Gudmund Hermansen , Nils Lid Hjort

The Cox proportional hazards model, commonly used in clinical trials, assumes proportional hazards. However, it does not hold when, for example, there is a delayed onset of the treatment effect. In such a situation, an acute change in the…

Methodology · Statistics 2022-04-22 Ryoto Ozaki , Yoshiyuki Ninomiya

It has been shown that AIC-type criteria are asymptotically efficient selectors of the tuning parameter in non-concave penalized regression methods under the assumption that the population variance is known or that a consistent estimator is…

Machine Learning · Statistics 2017-03-02 Cheryl J. Flynn , Clifford M. Hurvich , Jeffrey S. Simonoff

Model-based component-wise gradient boosting is a popular tool for data-driven variable selection. In order to improve its prediction and selection qualities even further, several modifications of the original algorithm have been developed,…

Methodology · Statistics 2023-02-28 Sophie Potts , Elisabeth Bergherr , Constantin Reinke , Colin Griesbach

Bayesian model averaging is a practical method for dealing with uncertainty due to model specification. Use of this technique requires the estimation of model probability weights. In this work, we revisit the derivation of estimators for…

Methodology · Statistics 2024-02-05 Ethan T. Neil , Jacob W. Sitison

This paper introduces Kernel-based Information Criterion (KIC) for model selection in regression analysis. The novel kernel-based complexity measure in KIC efficiently computes the interdependency between parameters of the model using a…

Machine Learning · Statistics 2014-12-16 Somayeh Danafar , Kenji Fukumizu , Faustino Gomez

In this work, we propose a modified Bayesian Information Criterion (BIC) specifically designed for mixture models and hierarchical structures. This criterion incorporates the determinant of the Hessian matrix of the log-likelihood function,…

Selecting the number of regimes in Hidden Markov models is an important problem. There are many criteria that are used to select this number, such as Akaike information criterion (AIC), Bayesian information criterion (BIC), integrated…

Methodology · Statistics 2024-09-23 Bouchra R Nasri , Bruno N Rémillard , Mamadou Y Thioub

Model selection based on classical information criteria, such as BIC, is generally computationally demanding, but its properties are well studied. On the other hand, model selection based on parameter shrinkage by $\ell_1$-type penalties is…

Machine Learning · Statistics 2013-07-10 Kun Zhang , Heng Peng , Laiwan Chan , Aapo Hyvarinen

Accurate model selection is a fundamental requirement for statistical analysis. In many real-world applications of graphical modelling, correct model structure identification is the ultimate objective. Standard model validation procedures…

Machine Learning · Statistics 2019-08-28 Robert O'Shea

Penalized regression models are popularly used in high-dimensional data analysis to conduct variable selection and model fitting simultaneously. Whereas success has been widely reported in literature, their performances largely depend on…

Machine Learning · Statistics 2013-12-16 Wei Sun , Junhui Wang , Yixin Fang

Information coefficient (IC) is a widely used metric for measuring investment managers' skills in selecting stocks. However, its adequacy and effectiveness for evaluating stock selection models has not been clearly understood, as IC from a…

Computational Finance · Quantitative Finance 2020-10-20 Feng Zhang , Ruite Guo , Honggao Cao

We consider a linear regression model, with the parameter of interest a specified linear combination of the regression parameter vector. We suppose that, as a first step, a data-based model selection (e.g. by preliminary hypothesis tests or…

Statistics Theory · Mathematics 2011-09-27 Paul Kabaila , Khageswor Giri

Subset selection for multiple linear regression aims to construct a regression model that minimizes errors by selecting a small number of explanatory variables. Once a model is built, various statistical tests and diagnostics are conducted…

Machine Learning · Statistics 2020-09-04 Seokhyun Chung , Young Woong Park , Taesu Cheong

Variable selection, also known as feature selection in machine learning, plays an important role in modeling high dimensional data and is key to data-driven scientific discoveries. We consider here the problem of detecting influential…

Methodology · Statistics 2014-09-24 Bo Jiang , Jun S. Liu

Vine copulas allow to build flexible dependence models for an arbitrary number of variables using only bivariate building blocks. The number of parameters in a vine copula model increases quadratically with the dimension, which poses new…

Methodology · Statistics 2018-11-20 Thomas Nagler , Christian Bumann , Claudia Czado

The statistical regression technique is an extraordinarily essential data fitting tool to explore the potential possible generation mechanism of the random phenomenon. Therefore, the model selection or the variable selection is becoming…

Methodology · Statistics 2020-03-25 Yue Su , Patrick Kandege Mwanakatwe

The widely applicable information criterion (WAIC) has been used as a model selection criterion for Bayesian statistics in recent years. It is an asymptotically unbiased estimator of the Kullback-Leibler divergence between a Bayesian…

Methodology · Statistics 2022-08-09 Yoshiyuki Ninomiya