Free

Stat Studio Workshop -Fall 2017- Ridge & LASSO: Regularized Regression

Event Information

Share this event

Date and Time

Location

Location

USU - Education Building

ORS Conference Room, 454

Logan, UT 84335

View Map

Friends Who Are Going
Event description

Description

Ridge and LASSO regression are alternative approaches in situations where a large number of predictor variables are available to choose from, and where a high degree of correlation among those predictor variables is possible. These methods guide selection of the most important predictor variables (even from among hundreds) without having to ‘fish’ for significance. The resulting models are parsimonious, with easy to interpret estimates, that also avoid problems with collinearity, biased estimates, and overfitting.

Share with friends

Date and Time

Location

USU - Education Building

ORS Conference Room, 454

Logan, UT 84335

View Map

Save This Event

Event Saved