Zubin,

my understanding about lasso is that it is a restricted version of
regression, where minimization of sse subject to sum(abs(beta)) < upper
limit such that for unimportant feature, its beta will be restricted by
ZERO. the whole game of lasso is to find the proper upper limit. I think in
lasso package, this upper limit is found by CV.

Speaking of lasso, I think it can be also implemented in SAS with proc
glmselect.

for more information, Prof. Tibshirani's lasso page is extremely helpful:
http://www-stat.stanford.edu/~tibs/lasso.html

HTH.

wensui

On 8/12/06, zubin <[EMAIL PROTECTED]> wrote:
>
> Attended JSM last week and Friedman mentioned the use of LASSO for
> variable selection (he uses it for rules ensembles).  I am an
> econometrician and not familiar with, i started running the examples in
> R this week and you get to the plots section of the LARS package.
> Plots of beta/max(beta)  vs standardized coefficients.  How does one
> interpret them?  u see plots of each variable converging to zero at
> different times - its pretty cool - but can i use this for variable
> importance?
>
> for variable selection - i have a group of correlated variables that we
> need to determine importance in predicting change of a Y variable.
>
> -zubin
>
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-- 
WenSui Liu
(http://spaces.msn.com/statcompute/blog)
Senior Decision Support Analyst
Health Policy and Clinical Effectiveness
Cincinnati Children Hospital Medical Center

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