Can I write codes for ridge quantile regression in R package program? Are there any resources for this? What are your recommendations? Thank you for your answers in advance.
you can write codes for ridge quantile regression in R package program. One popular R package for ridge quantile regression is quantregRidge. You can install it using the following command:
install.packages("quantregRidge")
After installing the package, you can use the rqridge() function to fit a ridge quantile regression model. Here is an example code: