15. In the previous problem, implement both models in WinBUGS, and use DIC instead of Bayes factors...
Question:
15. In the previous problem, implement both models in WinBUGS, and use DIC instead of Bayes factors to choose between them. Is your preference between the two models materially altered by this change? What are the advantages and disadvantages of using DIC instead of a Bayes factor here?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Bayesian Methods For Data Analysis
ISBN: 9781584886976
3rd Edition
Authors: Bradley P. Carlin, Thomas A. Louis
Question Posted: