Business case

For this chapter, we will stick with cancer—prostate cancer in this case. It is a small dataset of 97 observations and nine variables but allows you to fully grasp what is going on with regularization techniques by allowing a comparison with the traditional techniques. We will start by performing best subsets regression to identify the features and use this as a baseline for the comparison.

Business understanding

The Stanford University Medical Center has provided the preoperative Prostate Specific Antigen (PSA) data on 97 patients who are about to undergo radical prostatectomy (complete prostate removal) for the treatment of prostate cancer. The American Cancer Society (ACS) estimates that nearly 30,000 American men died of prostate ...

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