Question: Ridge regression and Lasso are two regression estimators based on penalization. Explain how they are similar and how they differ.

Ridge regression and Lasso are two regression estimators based on penalization. Explain how they are similar and how they differ.

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Ridge regression and Lasso Least Absolute Shrinkage and Selection Operator are both linear regression techniques that incorporate a penalty term in the loss function to prevent overfitting reduce mode... View full answer

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