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What are the different types of regularization in machine learning?

An example of an AI chatbot conversation about types of regularization in machine learning.

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You

What are the different types of regularization in machine learning?

MagicBuddy
MagicBuddy

Regularization techniques help prevent overfitting in models. Common types include L1, L2, and Elastic Net.

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You

Can you explain L1 regularization?

MagicBuddy
MagicBuddy

L1 regularization, also known as Lasso, adds a penalty equal to the absolute value of the coefficients, promoting sparsity.

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You

What about L2 regularization?

MagicBuddy
MagicBuddy

L2 regularization, or Ridge, adds a penalty equal to the square of the coefficients, which helps to reduce model complexity.

😀
You

When should I use Elastic Net?

MagicBuddy
MagicBuddy

Elastic Net combines L1 and L2 regularization, making it useful when you have many correlated features.

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