Hi all,
I would like to perform ridge/elastic net regression to obtain more reliable parameter estimates without throwing away features IVs. Is this possible when I use PROC GLMSELECT. Thanks,
C
PROC GLMSELECT DATA=dsn outvif outest =results_setname RIDGE=ridgeparameter;
MODEL dependent=independent_variables;
PLOT/RIDGEPLOT;
RUN;
I do not think that works. It is not the correct syntx for proc glmselect
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