A useful tool for statistical estimation: genetic algorithms
Joseph M. Pasia, Augusto Y. Hermosilla, Hernando Ombao · Journal of Statistical Computation and Simulation · 2005
In this article, we introduce genetic algorithms (GAs) as a viable tool in estimating parameters in a wide array of statistical models. We performed simulation studies that compared the bias and variance of GAs with classical tools, namely, the steepest descent, Gauss–Newton, Levenberg–Marquardt and don't use derivative methods. In our simulation studies, we used the least squares criterion as the optimizing function. The performance of the GAs and classical methods were compared under the logistic regression model; non-linear Gaussian model and non-linear non-Gaussian model. We report that the GAs' performance is competitive to the classical methods under these three models.