The Bayes-Schwarz Information Criterion (BIC)is given by the following formula
A)BIC(p)= ln [ ] + (p+1)
B)BIC(p)= ln [ ] + (p+1)
C)BIC(p)= ln [ ] - (p+1)
D)BIC(p)= ln [ ] × (p+1)

Question

The Bayes-Schwarz Information Criterion (BIC)is given by the following formula
A)BIC(p)= ln [ ] + (p+1) 
B)BIC(p)= ln [ ] + (p+1) 
C)BIC(p)= ln [ ] - (p+1) 
D)BIC(p)= ln [ ] × (p+1)

Quizplus · Accepted Answer

The BIC formula is given by BIC(p)= ln [L(p)] -(p/2)ln(n), where L(p) is the maximized value of the likelihood function for the model with p parameters and n is the sample size.

Option A has a similar form to this formula, with ln [L(p)] being equal to the numerator and (p+1) being equal to the denominator. The other options do not fit this format and therefore cannot be the correct answer.

The Bayes-Schwarz Information Criterion (BIC)is Given by the Following Formula