Regularization Part 2: Lasso (L1) Regression

Lasso Regression is super similar to Ridge Regression, but there is one big, huge difference between the two. In this video, I start by talking about all of the similarities, and then show you the cool thing that Lasso Regression can do that Ridge Regression can't. NOTE: This StatQuest follows up on the the StatQuest on Ridge Regression:    • Regularization Part 1: Ridge (L2) Regression   For a complete index of all the StatQuest videos, check out: https://statquest.org/video-index/ If you'd like to support StatQuest, please consider... Patreon:   / statquest   ...or... YouTube Membership:    / @statquest   ...buying one of my books, a study guide, a t-shirt or hoodie, or a song from the StatQuest store... https://statquest.org/statquest-store/ ...or just donating to StatQuest! https://www.paypal.me/statquest Lastly, if you want to keep up with me as I research and create new StatQuests, follow me on twitter:   / joshuastarmer   #statquest #regularization