Suppose we have a generating process that generates some numbers based on a distribution. Based on a …
For models with a lot of parameters, the goodness-of-fit is very likely to be very high. However, it …
Minimum Description Length ( [[MDL]] Minimum Description Length MDL is a measure of how well a model …
Suppose we have a model that describes the data generation process behind a dataset. The …
BIC considers the number of parameters and the total number of data records.