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Author Question: The formulae for the AIC and the BIC are different. The A) AIC is preferred because it is easier ... (Read 839 times)

Beheh

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on: Jun 29, 2018
The formulae for the AIC and the BIC are different. The
 
  A) AIC is preferred because it is easier to calculate
  B) BIC is preferred because it is a consistent estimator of the lag length
  C) difference is irrelevant in practice since both information criteria lead to the same conclusion
  D) AIC will typically underestimate p with non-zero probability

Question 2

The AIC is a statistic
 
  A) that is used as an alternative to the BIC when the sample size is small (T < 50)
  B) often used to test for heteroskedasticity
  C) used to help a researcher chose the number of lags in a time series with multiple predictors
  D) all of the above


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diesoon

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: C


Beheh

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Reply 2 on: Jun 29, 2018
Gracias!

jordangronback

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Reply 3 on: Yesterday
:D TYSM

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