Abstract
This paper utilized a multivariate technique to examine the relationship between the dependent variable with independent variables. The coefficients (weights) are the marginal impacts on each variable, and the size of the weight can be directly interpreted using multiple regressions (MR). Parameter tests (Global test, Multicollinearity test, Coefficient test and the Wald test) were carried out on all the sixty-three possible models. The best model was obtained using the Eight Selection Criteria (8SC). The goodness-of-fit tests were carried out to validate the best model obtained. MR was used to determine the best model that related. The model was used to estimate the value of EVDITM based on selected significant variables.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Paolo AT (2014) Energy efficiency and time charter rates: energy efficiency savings recovered by ship owners in the Panamax market. Transp Res Part A: Policy Pract 173–184 (2014)
Kutner MH, Nachtsheim CJ, Neter J (2008) Applied Linear Regressions Models. McGraw- Hill, New York
Gujarati DN (2006) Essentials of econometrics, 3rd edn. McGraw-Hill Inc., New York
Noraini A, Zainodin HJ, Amran A (2011) Improved stem volume estimation using P-Value approach in polynomial regression models. Res J For 5(2):50–65
Zainodin HJ, Noraini A, Yap SJ (2011) An alternative multicollinearity approach in solving multiple regression problem. (Academic Journals Inc) Trends Appl Sci Res 6(11):1241–1255
Noraini A, Zainodin HJ, Nigel Jonney JB (2008) Multiple regression models of the volumetric biomass. Wseas Trans Math 7(7):492–502
Akaike H (1974) A new look at statistical model identification. IEEE Trans Auto Control 19:716–723
Golub GH, Heath M, Wahba G (1979) Generalized cross-validation as a method for choosing a good ridge parameter. Technometrics 21:215–223
Hannan EJ, Quinn B (1979) The determination of the order of an auto regression. J Royal Stat Society 41(B):190–195
Rice J (1984) Bandwidth choice for nonparametric kernel regression. Annals of Stat 12:1215–1230
Schwarz G (1978) Estimating the dimension of a model. Ann Stat 6:461–464
Ramanathan R (2002) Introductory econometrics with applications, 5th edn. Thomson Learning, South-Western Ohio
Shibata R (1981) An Optimal Selection of Regression Variables. Biometrika 68:45–54
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Yahaya, A.H., Muksan, M.H. (2020). Single Order Multiple Regression Model on Existing Vessel Design Index (EVDI). In: Saw, C., Woo, T., a/l Karam Singh, S., Asmara Bin Salim, D. (eds) Advancement in Emerging Technologies and Engineering Applications. Lecture Notes in Mechanical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-15-0002-2_6
Download citation
DOI: https://doi.org/10.1007/978-981-15-0002-2_6
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-15-0001-5
Online ISBN: 978-981-15-0002-2
eBook Packages: EngineeringEngineering (R0)