Lasso Regression, Regression, Regression Analysis, Data Science, Machine Learning.
associated with each predictor variable. This is achieved by adding a penalty term to the cost function. Mathematically, Lasso Regression is defined by the following equation: Lasso Cost Function = Σ(yᵢ — ŷᵢ)² + λΣ|βⱼ| Here, yᵢ represents the actual target values. ŷᵢ represents the predicted