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On Fri, Jan 23, 2009 at 11:01 AM, Nicholas Lewin-Koh <nikko at hailmail.net> wrote:
I can't say because I am not familiar with that work.
It depends.  From the analytic point of view, yes they are.  From the
geometric point of view they are another set of coefficients in a
linear predictor so they use up dimensions.  However, their estimates
are not ordinary least squares estimates they are penalized least
squares estimates so they don't really correspond to full dimensions.
I haven't really thought of things in that way so I'm not sure what to
say about it.
A p-value is a useful metric, when we can calculate it reliably.
However, I don't think we should regard it as the sole purpose of
statistical inference.