Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What is another name for Ridge regression?
What is another name for Ridge regression?
- Stepwise regression
- Elastic net regression
- Lasso regression
- Tikhonov regularization (correct)
In which fields has Ridge regression been used?
In which fields has Ridge regression been used?
- Medicine, sociology, and computer science
- Econometrics, chemistry, and engineering (correct)
- Mathematics, literature, and art
- Biology, physics, and psychology
What problem does Ridge regression help mitigate in linear regression models?
What problem does Ridge regression help mitigate in linear regression models?
- Autocorrelation
- Multicollinearity (correct)
- Endogeneity
- Heteroscedasticity
Who first introduced the theory of Ridge regression?
Who first introduced the theory of Ridge regression?
Signup and view all the answers
What does Ridge regression provide in exchange for a tolerable amount of bias?
What does Ridge regression provide in exchange for a tolerable amount of bias?
Signup and view all the answers
Flashcards are hidden until you start studying
