compare_models function

Compare multiple models

This function performs model comparison by comparing multiple fHMM_model objects with respect to

• the number of model parameters,
• the log-likelihood value,
• the AIC value,
• the BIC value.

compare_models(...)

Arguments

• ...: A list of one or more objects of class fHMM_model.

Returns

A data.frame with models in rows and comparison criteria in columns.

Examples

### 3-state HMM with t-distributions is preferred over 2-state HMM with
### normal distributions for the DAX data based on AIC and BIC
compare_models(dax_model_2n, dax_model_3t)