Marginal distribution selection
| Variable | AIC | BIC | ||||
|---|---|---|---|---|---|---|
| Norm | Student-t | GED | Norm | Student-t | GED | |
| RBRENT | −3.758 | −3.710 | −3.746 | −3.645 | −3.578 | −3.614 |
| REUS | −7.721 | −7.730 | −7.722 | −7.608 | −7.598 | −7.590 |
| RECN | −7.636 | −7.560 | −7.631 | −7.523 | −7.428 | −7.499 |
| REIN | −6.971 | −7.045 | −7.050 | −6.858 | −6.913 | −6.918 |
| REJP | −6.371 | −6.379 | −6.382 | −6.258 | −6.247 | −6.250 |
| REKR | −6.976 | −6.966 | −6.968 | −6.863 | −6.834 | −6.837 |
| Variable | AIC | BIC | ||||
|---|---|---|---|---|---|---|
| Norm | Student-t | GED | Norm | Student-t | GED | |
| RBRENT | −3.710 | −3.746 | −3.578 | −3.614 | ||
| REUS | −7.721 | −7.730 | −7.598 | −7.590 | ||
| RECN | −7.560 | −7.631 | −7.428 | −7.499 | ||
| REIN | −6.971 | −7.045 | −6.858 | −6.913 | ||
| REJP | −6.371 | −6.379 | −6.247 | −6.250 | ||
| REKR | −6.966 | −6.968 | −6.834 | −6.837 | ||
Note(s): Norm is normal distribution, student-t is student-t distribution, and GED is Generalized Error distribution. The italic number indicates the lowest AIC and BIC for each pair
Source(s): Author’s calculations based on using R program