Statistica (May 2014)

A design-based approximation to the Bayes Information Criterion in finite population sampling

  • Enrico Fabrizi,
  • Parthasarathi Lahiri

DOI
https://doi.org/10.6092/issn.1973-2201/4325
Journal volume & issue
Vol. 73, no. 3
pp. 289 – 301

Abstract

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In this article, various issues related to the implementation of the usual Bayesian Information Criterion (BIC) are critically examined in the context of modelling a finite population. A suitable design-based approximation to the BIC is proposed in order to avoid the derivation of the exact likelihood of the sample which is often very complex in a finite population sampling. The approximation is justified using a theoretical argument and a Monte Carlo simulation study.

Keywords