On the jackknife Kibria-Lukman estimator for the linear regression model

• Published in: Communications in statistics. Simulation and computation Vol. ahead-of-print; no. ahead-of-print; pp. 1 - 13
• Main Authors: Ugwuowo, Fidelis Ifeanyi, Oranye, Henrietta Ebele, Arum, Kingsley Chinedu
• Format: Journal Article
• Language: English
• Published: Philadelphia Taylor & Francis 02.12.2023; Taylor & Francis Ltd
• Subjects: Dependent variables; Estimators; Independent variables; Jackknifed KL estimator; linear regression model; MSE; multicollinearity; OLS; Regression analysis; Regression models; Statistical analysis
• ISSN: 0361-0918; 1532-4141
• DOI: 10.1080/03610918.2021.2007401

The linear regression model explores the relationship between the dependent variable and the independent variables. The ordinary least squared estimator (OLSE) is widely applicable to estimate the parameters of the model. However, OLSE suffered a breakdown when the independent variables are linearly dependent- a condition called multicollinearity. The Kibria-Lukman estimator (KLE) was suggested as an alternative to the OLSE and some other estimators (ridge and Liu estimators). In this paper, we developed a Jackknifed version of the Kibria-Lukman estimator- the estimator is named the Jackknifed KL estimator (JKLE). We derived the statistical properties of the new estimator and compared it theoretically with the KLE and some other existing estimators. Theoretically, the result revealed that JKLE possesses the lowest MSE when compared with the KLE and some other existing estimators. Finally, JKLE reduced the bias and the mean squared error (MSE) of KLE in both simulation and real-life analysis. JKLE dominates other methods considered in this study.