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  1. Data Science and Machine Learning (Part 10): Ridge Regression

    by , 02-01-2023 at 12:57 AM
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    Ridge regression is the method of estimating the coefficients of multiple-regression models in scenarios where the independent variables are highly correlated. The method provides improved efficiency in parameters estimation problems in exchange for a tolerable amount of bias meanwhile Lasso (Least absolute shrinkage and selection operator) is a regression analysis method that performs both variable selection and regularization to enhance the prediction