Hemmerle, William J.* (1975, ASQC and the American Statistical Association) University of Rhode Island, Kingston, RI
* - This work was partially supported by the National Science Foundation under Grant No. DCR74-15331The general form of ridge regression proposed by Hoerl and Kennard is examined in the context of the iterative procedure they suggest for optimal estimators. It is shown that a non-iterative, closed form solution is available for this procedure. The solution is found to depend upon certain convergence/divergence conditions which relate to the ordinary least squares estimators. Numerical examples are given.