Tag Archives: TIC

LM101-076: How To Choose the Best Model using AIC or GAIC

Episode Summary: In this episode, we explain the proper semantic interpretation of the Akaike Information Criterion (AIC) and the Generalized Akaike Information Criterion (GAIC) for the purpose of picking the best model for a given set of training data.  The precise semantic interpretation of these model selection criteria is provided, explicit assumptions are provided for the AIC and… Read More »