Convert BIC indices to Bayes Factors via the BIC-approximation method.
Source:R/bic_to_bf.R
bic_to_bf.Rd
The difference between two Bayesian information criterion (BIC) indices of
two models can be used to approximate Bayes factors via:
$$BF_{10} = e^{(BIC_0 - BIC_1)/2}$$
References
Wagenmakers, E. J. (2007). A practical solution to the pervasive problems of p values. Psychonomic bulletin & review, 14(5), 779-804
Examples
bic1 <- BIC(lm(Sepal.Length ~ 1, data = iris))
bic2 <- BIC(lm(Sepal.Length ~ Species, data = iris))
bic3 <- BIC(lm(Sepal.Length ~ Species + Petal.Length, data = iris))
bic4 <- BIC(lm(Sepal.Length ~ Species * Petal.Length, data = iris))
bic_to_bf(c(bic1, bic2, bic3, bic4), denominator = bic1)
#> [1] 1.000000e+00 1.695852e+29 5.843105e+55 2.203243e+54