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• W2199135087 abstract "Linear regression models are traditionally built through trial and error to balance many competing goals such as predictive power, interpretability, significance, robustness to error in data, and sparsity, among others. This problem lends itself naturally to a mixed integer quadratic optimization (MIQO) approach but has not been modeled this way because of the belief in the statistics community that MIQO is intractable for large scale problems. However, in the last 25 years (1991–2015), algorithmic advances in integer optimization combined with hardware improvements have resulted in an astonishing 450 billion factor speedup in solving mixed integer optimization problems. We present an MIQO-based approach for designing high quality linear regression models that explicitly addresses various competing objectives and demonstrate the effectiveness of our approach on both real and synthetic data sets." @default.
• W2199135087 created "2016-06-24" @default.
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• W2199135087 date "2016-02-01" @default.
• W2199135087 modified "2023-10-17" @default.
• W2199135087 title "OR Forum—An Algorithmic Approach to Linear Regression" @default.
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• W2199135087 doi "https://doi.org/10.1287/opre.2015.1436" @default.
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