Table 8. The likelihood-based statistics of fit – risk management cost effectiveness data.
Criteria | unit-Weibull | Kumaraswamy | Beta |
---|---|---|---|
AIC (%) | −206.2227 (47.33%) | −181.6534 (34.22%) | −159.4460 (18.45%) |
BIC (%) | −187.8990 (47.34%) | −163.3297 (34.22%) | −141.1223 (18.44%) |
HQIC (%) | −198.9204 (47.32%) | −174.3511 (34.23%) | −152.1437 (18.45%) |
Vuong | – | 2.1513 | 4.5817 |
(p-value) | (0.0157) | (0.0000) |
% of times out of 10,000 non-parametric Bootstrap runs that the model is selected.