Minerva Investment Management Society

Quantitative Research Paper

Forecasting 101: Lasso and Ridge Regressions

· Quantitative Research

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Summary

We are excited to introduce the Technical Series in Statistics and Econometrics from our Quantitative Research Division!

This semester, our Quantitative Research team will produce a series of three papers, each exploring econometric models used to forecast house prices in California. The first paper will focus on LASSO and Ridge regressions—two popular regularization techniques in linear regression. It will delve into the theory behind these models and apply them to a dataset containing various features of California homes, all in an effort to better forecast house prices.

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Details

Published
18 November 2024
Division
Quantitative Research
Type
Quantitative Research Paper
Pages
6
Authors
2

Cite this report

Minerva Investment Management Society (2024). Forecasting 101: Lasso and Ridge Regressions. Quantitative Research. https://minervaims.org/archive/forecasting-101-lasso-and-ridge-regressions-2024

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