Akaike 1974 AIC = -2 log L + 2 k; Schwarz 1978 BIC = -2 log L + k log n; penalize parameter-count to avoid overfit; standard model-comparison.
Akaike 1974 AIC = -2 log L + 2 k; Schwarz 1978 BIC = -2 log L + k log n; penalize parameter-count to avoid overfit; standard model-comparison.