Multiple Choice
The lag length in a VAR using the BIC proceeds as follows: Among a set of candidate values of p, the estimated lag length xxxis the value of p
A) For which the BIC exceeds the AIC
B) That maximizes BIC(p)
C) Cannot be determined here since a VAR is a system of equations, not a single one
D) That minimizes BIC(p)
Correct Answer:
Verified
Correct Answer:
Verified
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