Why do we use regularized regressions

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Question: Use KnitR or Copy any R output relevant to your answer into your Word document and explain your answer thoroughly and include a copy of the full analysis in your report along with your conclusions. Also, provide your R code files. Problem 1 Answer each of the following questions: a) Why do we use regularized regressions? Give examples of when you would use ridge versus lasso regressions? b) How would we treat overfitting in a model with too many variables compared to the sample size? c) How do we check the assumptions of linear regression in R? Give an example for how each assumption may be violated.

Reference no: EM133760233

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