Summary

Go over a summary of what we have learned in this chapter.

In this chapter, we learned about the following concepts.

Regularization

  • Regularization plays an important role in generalized model training and avoids the issues related to multicollinearity in data. It prevents overfitting by imposing a penalty on model coefficients.

  • The two most common regularization methods are ridge and lasso (L2 and L1, respectively). Another one is elastic net, which is a mixture of ridge and lasso regularization.

Penalties

  • The ridge penalty term will be zero if ...