How to prove the equivalence between constrained form and Lagrange form for lasso and ridge regression?
Given lasso (constrained form): $$\underset{\beta}{\min}{(\frac{1}{2N}||y-x\beta||_2^2)} \space subject \space to \space ||\beta||_1 \leq t$$ The Lagrange form: $$\underset{\beta}{\min}{(\frac{1}{2N}||y-x\beta||_2^2)} + \lambda||\beta||_1 $$ I have gone through lots materials and try to understand how these two form are equivalent, but still feel very struggled on how to give a relatively rigorous proof. I guess proof for ridge regression is similar to lasso. So I only post equations for lasso. Any comments that helps would be appreciated.