On some beta ridge regression estimators : method, simulation and application
The classic statistical method for modelling the rates and proportions is the beta regression model (BRM). The standard maximum likelihood estimator (MLE) is used to estimate the coefficients of the BRM. However, this MLE is very sensitive when the regressors are linearly correlated. Therefore, this study introduces a new beta ridge regression (BRR) estimator as a remedy to the problem of instabil