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• 10:32, 18 July 2025 M5fun599 talk contribs created page Holmes.BiasAndVariance (Created page with "'''Reading''': Holmes, T. & Casotto, M, “Penalized Regression and Lasso Credibility,” CAS Monograph #13, November 2024. Chapter 4. '''Synopsis''': In this article we examine the bias-variance trade-off and how this problem is approached in a traditional GLM. We see how penalized regression improves on the traditional GLM approach and explore how it can be viewed as a form of credibility weighting. ==Study Tips== This article is heavy on theory and lays the groundwo...")