estimates.bma {BMS}  R Documentation 
Returns a matrix with aggregate covariatespecific Bayesian model Averaging: posterior inclusion probabilites (PIP), post. expected values and standard deviations of coefficients, as well as sign probabilites
estimates.bma(
bmao,
exact = FALSE,
order.by.pip = TRUE,
include.constant = FALSE,
incl.possign = TRUE,
std.coefs = FALSE,
condi.coef = FALSE
)
## S3 method for class 'bma'
coef(
object,
exact = FALSE,
order.by.pip = TRUE,
include.constant = FALSE,
incl.possign = TRUE,
std.coefs = FALSE,
condi.coef = FALSE,
...
)
exact 
if 
order.by.pip 

include.constant 
If 
incl.possign 
If 
std.coefs 
If 
condi.coef 
If 
object , bmao 
a 'bma' object (cf. 
... 
further arguments for other 
More on the argument exact
:
In case the argument
exact=TRUE
, the PIPs, coefficient statistics and conditional sign
probabilities are computed on the basis of the (500) best models the
sampling chain encountered (cf. argument nmodel
in
bms
). Here, the weights for Bayesian model averaging (BMA) are
the posterior marginal likelihoods of these best models.
In case
exact=FALSE
, then these statistics are based on all accepted models
(except burnins): If mcmc="enumerate"
then this are simply all
models of the traversed model space, with their marginal likelihoods
providing the weights for BMA.
If, however, the bma object bmao
was based on an MCMC sampler (e.g. when bms
argument
mcmc="bd"
), then BMA statistics are computed differently: In contrast
to above, the weights for BMA are MCMC frequencies, i.e. how often the
respective models were encountered by the MCMC sampler. (cf. a comparison of
MCMC frequencies and marginal likelihoods for the best models via the
function pmp.bma
).
A matrix with five columns (or four if incl.possign=FALSE
)
Column 'PIP' 
Posterior inclusion probabilities 
Column 'Post Mean' 
posterior
expected value of coefficients, unconditional 
Column 'Post SD' 
posterior standard deviation
of coefficients, unconditional or conditional on inclusion, depending on

Column 'Cond.Pos.Sign' 
The ratio of how often the
coefficients' expected values were positive conditional on inclusion. (over
all visited models in case 
Column 'Idx' 
the original order of covariates as the were used for sampling. (if included, the constant has index 0) 
bms
for creating bma objects, pmp.bma
for comparing MCMC frequencies and marginal likelihoods.
Check http://bms.zeugner.eu for additional help.
#sample, with keeping the best 200 models:
data(datafls)
mm=bms(datafls,burn=1000,iter=5000,nmodel=200)
#standard BMA PIPs and coefficients from the MCMC sampling chain, based on
# ...how frequently the models were drawn
coef(mm)
#standardized coefficients, ordered by index
coef(mm,std.coefs=TRUE,order.by.pip=FALSE)
#coefficients conditional on inclusion:
coef(mm,condi.coef=TRUE)
#same as
ests=coef(mm,condi.coef=FALSE)
ests[,2]/ests[,1]
#PIPs, coefficients, and signs based on the best 200 models
estimates.bma(mm,exact=TRUE)
#... and based on the 50 best models
coef(mm[1:50],exact=TRUE)