I am working on a LASSO project these days. I need to perform cross-validation when I select $\lambda$
normally when I have the model $f$, I can calculate the mean-square-error of the testing samples and use this as a benchmark to select $\lambda$
I am wondering if there is any (better) other ways to score the model instead of mean-square-error. I am thinking about using adjusted $R^2$, what do you think? is there any flaw when I use adjusted $R^2$?
thanks a lot