The Formulae for the AIC and the BIC Are Different

question 37

Multiple Choice

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

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