Apologies in advance for a very basic question! On Wikipedia, I see that the Bayesian Information Criterion evaluates a model using $$ BIC = k\ln(n)- 2\ln(L) $$ where $k$ is the number of parameters, $n$ the sample size and $L$ the (maximised) likelihood. In the original paper, however, I see instead the expression $$ BIC = k\log(n)- 2\log(L) $$ Can I check that 'log' here means 'ln' (i.e. base $e$ not say base $10$)? Or does it somehow not matter?
1 Answer
It is a natural logarithm (log base of e). But, no matter what the log is, the most important thing you need to remember is to compare models under a consistent kind of logarithm.
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$\begingroup$ "the most important thing you need to remember is to compare models under a consistent kind of logarithm". Should I take this to mean that I can use a different base provided that the base I use is the same for all models? $\endgroup$ Feb 20, 2021 at 14:46
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