A general Akaike-type criterion for model selection in robust regression

Biometrika ◽  
1995 ◽  
Vol 82 (4) ◽  
pp. 877-886 ◽  
Author(s):  
P. BURMAN ◽  
D. NOLAN
Author(s):  
Anam Javaid ◽  
Mohd. Tahir Ismail ◽  
M.K.M. Ali

The Internet of things ((IoT) consisted of physical devices networks such as sensors, home appliances, electronics, and software’s. It enables us to collect and exchange data in several fields. After data collection from IoT, variable selection is considered a major problem because many variables are involved in real life datasets. The current study focused on large data analysis of the problem of model selection, including interaction terms. The dataset used in this study is taken from solar drier with moisture ratio removal (%) as dependent variable while ambient temperature, chamber temperature, collector temperature, chamber relative humidity, ambient relative humidity, and solar radiation as independent variables. LASSO with Huber M, LASSO with Hampel M and LASSO with Bisquare M are proposed in this study. Comparison of proposed techniques are made with ridge regression and OLS (ordinary least square) after multicollinearity test and coefficient test. MAPE (mean absolute percentage error) is calculated for the efficient selected model to forecast. As a result, the model using LASSO with Bisquare-M provides a minimum MAPE value for the best efficient model. Thus, the resulting model with the selected variables can be used to predict Moisture Ratio Removal (%) to determine seaweed drying behavior.


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