Akaike Information Criterion (AIC)
and the Schwarz Information Criterion
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* The Akaike Information Criterion compares an *
* improvement (increase) in max log(likelihood) *
* against added complexity of the model caused *
* by additional parameters (i.e. overfitting). *
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max log(likelihood):
without POD floor or ceiling = -230.49
with POD ceiling only = -206.541 ***
Larger maximum likelihood is better.
Akaike Information Criterion (AIC):
without POD floor or ceiling = 464.979
with POD ceiling only = 419.083 ***
Smaller AIC is better.
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Based on the AIC, using a POD ceiling model
appears to be justified.
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The Schwarz Criterion (Bayesian Information
Criterion) is more conservative than the AIC.
Schwarz Criterion (BIC):
without POD floor or ceiling = 473.045
with POD ceiling only = 431.182 ***
Smaller BIC is better.
Warning:
Floor/Ceiling models should be based on
a minimum of 150 observations.
Models with Floor AND Ceiling should be
based on a minimum of 300 observations.
Number of observations in this analysis: 417
MIL-HDBK-1823, v7.1.6 (WorkshopMenu, v3.1)
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