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
Correct Answer:
Verified
Correct Answer:
Verified
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