Table 17 Comparison of model goodness of fit
Regression | F stat./Wald chi2 | R2 | AIC | BIC |
|---|---|---|---|---|
ols | 6.35 (0.0000) | 0.0523 | − 3833.811 | − 3790.304 |
\(glm\) | – | – | − 2.764 | − 6260.559 |
betareg | 49.08 (0.0000) | – | − 3863.573 | − 3810.434 |
betafit | 48.74 (0.0000) | – | − 3862.855 | − 3809.716 |
betamix | 46.90 (0.0000) | – | − 3862.855 | − 3809.716 |
betamix (adjusted—UNOBS) | 111.85 (0.0000) | – | − 3796.256 | − 3699.638 |
betamix (adjusted + UNOBS) | 116.18 (0.0000) | – | − 3794.714 | − 3693.266 |