Polynomial Regression, Bias–Variance Tradeoff, Lasso (L1) and Ridge (L2) Regularization Explained
Understand polynomial regression, the bias–variance tradeoff, overfitting and underfitting, and how Lasso (L1) and Ridge (L2) regularization help improve model performance in machine learning with practical examples.
📈 Polynomial Regression
Polynomial regression is an extension of linear regression where we model a nonlinear relationship between input and output by adding powers of .
Sometimes by defining a new feature you might get a better Model that requires less computation
Use case:
When prediction fits Polynomial equation instead of linear equation
For example house price can defined by calculating area instead of creating 2 variable equation we can define one variable equation :

- Scaling of feature becomes crucial in Polynomial Regression
- Some algo can choose feature to fit polynomial curves
- Feature engineering is the process of creating new features from existing ones to improve model performance.
Generic polynomial regression model of degree n:

