Week 37: Statistical interpretations and Resampling Methods

Plans for week 37, lecture Monday

Statistical interpretation of Ridge and Lasso regression, see also slides from last week

Resampling techniques, Bootstrap and cross validation and bias-variance tradeoff (this may partly be discussed during the exercise sessions as well.

Readings and Videos:

Raschka et al, pages 175-192
Hastie et al Chapter 7, here we recommend 7.1-7.5 and 7.10 (cross-validation) and 7.11 (bootstrap). See https://link.springer.com/book/10.1007/978-0-387-84858-7.
Video on cross validation
Video on Bootstrapping
Video on bias-variance tradeoff