RE: Minimum value of objective function.. Clarification
From: "Bachman, William" <bachmanw@globomax.com>
Subject: RE: Minimum value of objective function.. Clarification
Date: Fri, 5 Oct 2001 12:18:01 -0400
Although this is true:
If a nested model with fewer parameters has an objective function value lower by an amount larger than the critical chi square value than the "larger" model, than it is the "better" model.
the more typical case is:
If within a set of nested models, a model with MORE parameters has an objective function value lower by an amount larger than the critical chi square value than the "larger" model, than it is the "better" model.
William J. Bachman, Ph.D.
GloboMax LLC
7250 Parkway Dr., Suite 430
Hanover, MD 21076
Voice (410) 782-2212
FAX (410) 712-0737
bachmanw@globomax.com