% usefile C:\monographregression\computercode\prg\bayesx\golflasso.txt

% HINT: 
% The program assumes that all files are stored in 
% C:\monographregression\computercode
% change directory if code is located elsewhere
% To store results you have to create a subfolder `results' (or any other folder defined in
% the outfile command, see below)
% To execute this program copy the usefile command above in the command window of BayesX


% Create a dataset object and read the data
dataset d
d.infile using C:\monographregression\computercode\data\bayesx\golffull.raw

% Create a regression object
bayesreg b

% Define the path where to save the results
b.outfile = C:\monographregression\computercode\results\lasso

% Set a new delimiter
delimiter = ;

% LASSO estimation
b.regress price = ageop1(lasso) + ageop2(lasso) + ageop3(lasso) + 
kilometerop1(lasso) + kilometerop2(lasso) + kilometerop3(lasso) + TIA(lasso) + extras1(lasso) + extras2(lasso) ,  
family=gaussian setseed=12345 burnin=5000 step=50 iterations=55000 using d