Can I do a second pass Elastic Net only including the most significant predictors?
First off, I am new to predictive modeling and I appreciate any advice. BACKGROUND:I am doing a binomial elastic net where n = 54 and p = 89. This model is for predicting drug effects clinically; thus, prediction by measuring as few variables as possible would be ideal. After Elastic Net variable selection/shrinkage, 24 predictors are included in the model. Of the 24 predictors included in the mod...