statsmodels.tools.eval_measures.bic¶

statsmodels.tools.eval_measures.bic(llf, nobs, df_modelwc)[source]¶

Bayesian information criterion (BIC) or Schwarz criterion

Parameters:¶

llf : {float, array_like}¶

value of the loglikelihood

nobs : int¶

number of observations

df_modelwc : int¶

number of parameters including constant

Returns:¶

bic – information criterion

Return type:¶

float

References

https://en.wikipedia.org/wiki/Bayesian_information_criterion