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18 July 2025

  • curprev 10:3010:30, 18 July 2025M5fun599 talk contribs 27,944 bytes +27,944 Created page with "'''Reading''': Holmes, T. & Casotto, M, “Penalized Regression and Lasso Credibility,” CAS Monograph #13, November 2024. Chapter 3, Sections 3.1 — 3.3. '''Synopsis''': We introduce the concept of penalized regression which is an extension of the GLM framework that incorporates a measure of the model complexity. We explore three common types of penalty term (ridge, lasso, and elastic net), looking at how the size of the penalty parameter impacts the beta coeffic..."