Question: True or false about elastic net technique? 1 it's a flexible method of computing principal components allowing their sizes to stretch. 2.it performs variable selection

True or false about elastic net technique? 1 it's a flexible method of computing principal components allowing their sizes to stretch. 2.it performs variable selection while reducing overfitting. 3.it's applicable Polly if lasso fails to eliminate variables for regression. 4.it mixes ridge and lasso regression linearly to gain the advantages of both

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