Version 1.6 of the BayesReg package has now been released. There are two main changes to this version:
- The code now calculates and reports the Widely Applicable Information Criterion (WAIC) score in place of the DIC score.
- Options for sampling the coefficients in blocks have been added. This allows the code to be applied to very large predictor matrices (p > 50,000) even on a PC.
Note: The precompiled MEX files for Windows, Linux and MacOSX to increase sampling speed can be obtained here. To use these, all you need to do is download this file and unzip the contents into the “bayesreg” folder.