Hi,
I'm estimating different specifications of a cost function with xtfrontier (maximum likelihood estimation). I'm looking for a way to interprete the reported log likelihood values correctly:
I have both positive and negative signs of the log likelihood and unfortunately I have no idea, which is better. I also wonder, whether small or large values indicate a better fit (f.e. whether LL of -365 is better (or worse) that -150).
Thank you very much!
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