Do you consider Ridge and Lasso to be dissimilar, and if so, in what respect?

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Anonymous · Accepted Answer

the main difference between Ridge and Lasso is the constraint that is being
added. In lasso, we add sum of absolute values of coefficients of weight where
as in ridge, we add sum of sqaure of coefficients of weights. And because of
this, in lasso, the value can become exactly zero, while in ridge it tends to
zero but won't be exactly zero. And due to this lasso, is used for feature
selection while ridge is used to prevent overfitting.

Do you consider Ridge and Lasso to be dissimilar, and if so, in what respect?

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