Which description matches the constrained form used in the lasso alternative objective?

Which description matches the constrained form used in the lasso alternative objective?

• A. Minimizes the sum of squared residuals with an L1 penalty.
• B. Minimizes the sum of squared residuals subject to the sum of absolute values of coefficients being at most a value.
• C. Minimizes the sum of squared residuals with no penalty.
• D. Maximizes the likelihood with the L1 penalty.

Answer: (B)