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

value of the loglikelihood

nobs : int

number of observations

df_modelwc : int

number of parameters including constant

Returns:

bic : float

information criterion

References