How to decide between the following regression ? What should be considered when using each of the following ?

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David Eugene Booth

1 DO NOT USE

2 WHAT DO YOU MEAN BY PENALIZED? LASSO IS PENALIZED?

FOR THE DETAILS SEE THE ATTACHED PAPER.

BEST WISHES DAVID BOOTH

Forgot another paper you should have a look at. Best wishes David Booth

Sal Mangiafico

In general, forward and backward procedures to select a model are no longer recommended. Lasso and related procedures are preferred (perhaps also Ridge and Elastic Net).

David Eugene Booth , penalized regression is just a general term for approaches like ridge regression, lasso regression, and elastic net regression.

@Sal, then what does PENALIZED PENALIZED LASSO mean? See my attached paper for a clear discription. Best wishes David Booth