We propose a new method for estimation in linear models. The `lasso' minimizes the residual sum of squares subject to the sum of the absolute value of the coefficients being less than a constant.

Journal of the Royal Statistical Society. Series B (Statistical Methodology), Vol. 78, No. 1 (JANUARY 2016), pp. 193-210 (18 pages) We consider a high dimensional regression model with a possible ...

A regression problem is one where the goal is to predict a single numeric value. For example, you might want to predict the annual income of a person based on their sex, age, State where they live and ...