| Exponential | Weibull | Data-driven 2-piece exponential | Hypothesis-driven 2-piece exponential |
---|---|---|---|---|
Fit statistics | ||||
Number of Parameters | 8 | 9 | 9 | 9 |
Log-likelihood | −32576.2 | −32573.6 | −32447.3 | −32468.2 |
BIC (Smaller is better) | 65263.6 | 65272.2 | 65019.6 | 65061.5 |
Model comparison | ||||
LRT Statistic | ||||
Bayes Factor | ||||
Exponential | NA | 5.21* | 257.9*** | 216.0*** |
1.000 | 0.996 | 0.997 | ||
Weibull | 5.21* | NA | Not nested | Not nested |
1.000 | Â | 0.996 | 0.997 | |
Data-driven 2-piece exponential | 257.9*** | Not nested | NA | Not nested |
1.004 | 1.004 | Â | 1.001 | |
Hypothesis-driven 2-piece exponential | 216.0*** | Not nested | Not nested | NA |
 | 1.003 | 1.003 | 0.999 |  |