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In this exercise, we will predict the number of applications received using the other variables in the College data set. (a) Split the data set
In this exercise, we will predict the number of applications received using the other variables in the College data set. (a) Split the data set into a training set and a test set. (b) Fit a linear model using least squares on the training set. and report the test error obtained. (c) Fit a ridge regression model on the training set, with A chosen by cross-validation. Report the test error obtained. (d) Fit a lasso model on the training set, with A chosen by cross- validation. Report the test error obtained, along with the num- ber of non-zero coefficient estimates. (e) Fit a PCR model on the training set, with A/ chosen by cross- validation. Report the test error obtained, along with the value of A selected by cross-validation. ([) Fit a. PLS model on the training set, with A/ chosen by cross- validation. Report the test error obtained, along with the value of M selected by cross-validation. (g) Comment on the results obtained. How accurately can we pre- dict the number of college applications received? Is there much difference among the test errors resulting from these five ap- proaches
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