Akaike information criterion

Akaike's information criterion, developed by Hirotsugu Akaike under the name of "an information criterion" (AIC) in 1971 and proposed in Akaike (1974), is a measure of the goodness of fit of an estimated statistical model. It is grounded in the concept of entropy. The AIC is an operational way of trading off the complexity of an estimated model against how well the model fits the data.
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