Suppose the BIC statistic value for a logistic regression model with five explanatory variables is BIC5 =

Question:

Suppose the BIC statistic value for a logistic regression model with five explanatory variables is BIC5 = 234.56 and the BIC statistic value for a logistic regression model with only three of the five explanatory variables is ????????????3 = 235.19, which model would be best according to the Bayes Information Criterion?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: