The Akaike information criterion (AIC) and Bayesian information criterion (BIC) are measures to determine the ________.
A) quality of the statistical model
B) significance
C) overall model fit
D) coefficients

Question

Quizplus · Accepted Answer

AIC and BIC are used to assess the quality of a statistical model by balancing model fit and complexity, helping to select the best model among a set of candidates.

The Akaike Information Criterion (AIC) and Bayesian Information Criterion (BIC)