Hello. I have a doubt regard arviz (az) compare function which. The output of

```
az.compare(model_dict)
```

contains `elpd_loo`

and `p_loo`

. I want to ask if `elpd_loo`

is already penalized for the number of parameters, or do we need to do some manipulation with `elpd_loo`

and `p_loo`

(like `elpd_loo`

- `p_loo`

) to get the penalized score?

I ask this because I’m trying to compare two models where one of them has more parameters (one extra parameter). From what I have noticed so far, the model with more parameters has a higher `elpd_loo`

. But this might be because my model hasn’t started overfitting yet.

Thanks for any insight on this!