Which statement is true regarding Ridge and Lasso Regression?
A) Ridge Regression uses L1 regularization, while Lasso Regression uses L2 regularization.
B) Both Ridge and Lasso Regression use L1 regularization.
C) Both Ridge and Lasso Regression use L2 regularization.
D) Ridge Regression uses L2 regularization, while Lasso Regression uses L1 regularization.