Table 3. Results of the Monte Carlo simulation from the distribution.
Scenario | μ | β | n | Mean | Variance | RB %() | RMSE() | CP95% | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 0.4 | 0.8 | 10 | 0.4038 | 1.2889 | 0.0046 | 0.7510 | 0.3819 | 48.8994 | 0.0047 | 0.9902 | 0.8852 | 0.9311 |
25 | 0.4014 | 0.9674 | 0.0019 | 0.1895 | 0.1444 | 16.7461 | 0.0019 | 0.2176 | 0.9268 | 0.9433 | |||
50 | 0.4011 | 0.8856 | 0.0010 | 0.0827 | 0.1146 | 8.5658 | 0.0010 | 0.0901 | 0.9377 | 0.9474 | |||
75 | 0.4009 | 0.8571 | 0.0006 | 0.0526 | 0.0995 | 5.7184 | 0.0006 | 0.0559 | 0.9410 | 0.9489 | |||
100 | 0.4006 | 0.8400 | 0.0005 | 0.0384 | 0.0653 | 4.0097 | 0.0005 | 0.0400 | 0.9423 | 0.9462 | |||
2 | 0.5 | 1.5 | 10 | 0.4971 | 1.9084 | 0.0025 | 0.6566 | −0.2869 | 40.8414 | 0.0025 | 0.8234 | 0.8941 | 0.9427 |
25 | 0.4985 | 1.6408 | 0.0010 | 0.1832 | −0.1444 | 14.0812 | 0.0010 | 0.2031 | 0.9283 | 0.9480 | |||
50 | 0.4994 | 1.5709 | 0.0004 | 0.0824 | −0.0544 | 7.0981 | 0.0004 | 0.0874 | 0.9406 | 0.9499 | |||
75 | 0.4998 | 1.5485 | 0.0003 | 0.0534 | −0.0195 | 4.8538 | 0.0003 | 0.0558 | 0.9412 | 0.9498 | |||
100 | 0.4997 | 1.5333 | 0.0002 | 0.0393 | −0.0226 | 3.3385 | 0.0002 | 0.0404 | 0.9444 | 0.9476 | |||
3 | 0.6 | 2.8 | 10 | 0.5980 | 3.2892 | 0.0004 | 1.0709 | −0.1989 | 48.9285 | 0.0004 | 1.3103 | 0.9042 | 0.9526 |
25 | 0.5991 | 2.9682 | 0.0001 | 0.2841 | −0.0875 | 16.8275 | 0.0001 | 0.3124 | 0.9339 | 0.9508 | |||
50 | 0.5996 | 2.8829 | 0.0008 | 0.1265 | −0.0388 | 8.2924 | 0.0008 | 0.1333 | 0.9430 | 0.9513 | |||
75 | 0.5998 | 2.8571 | 0.0001 | 0.0816 | −0.0182 | 5.7180 | 0.0001 | 0.0849 | 0.9437 | 0.9510 | |||
100 | 0.5998 | 2.8390 | 0.0001 | 0.0601 | −0.0167 | 3.9059 | 0.0001 | 0.0616 | 0.9456 | 0.9475 | |||
4 | 0.7 | 5 | 10 | 0.6996 | 5.8574 | 0.0001 | 3.0886 | −0.0362 | 85.7439 | 0.0001 | 3.8238 | 0.9016 | 0.9499 |
25 | 0.6998 | 5.2956 | 0.0001 | 0.7867 | −0.0164 | 29.5603 | 0.0001 | 0.8741 | 0.9350 | 0.9507 | |||
50 | 0.6999 | 5.1454 | 0.0001 | 0.3466 | −0.0066 | 14.5412 | 0.0001 | 0.3677 | 0.9436 | 0.9504 | |||
75 | 0.6999 | 5.0996 | 0.0001 | 0.2220 | −0.0018 | 9.9651 | 0.0001 | 0.2319 | 0.9435 | 0.9505 | |||
100 | 0.6999 | 5.0688 | 0.0001 | 0.1630 | −0.0022 | 6.8801 | 0.0001 | 0.1677 | 0.9449 | 0.9481 | |||
5 | 0.7 | 0.9 | 10 | 0.6961 | 1.1001 | 0.0012 | 0.1686 | −0.3809 | 20.0002 | 0.0012 | 0.2086 | 0.8990 | 0.9485 |
25 | 0.6983 | 0.9690 | 0.0004 | 0.0471 | −0.1693 | 6.9054 | 0.0004 | 0.0519 | 0.9297 | 0.9507 | |||
50 | 0.6992 | 0.9345 | 0.0002 | 0.0212 | −0.0738 | 3.4534 | 0.0002 | 0.0224 | 0.9420 | 0.9513 | |||
75 | 0.6996 | 0.9238 | 0.0001 | 0.0138 | −0.0374 | 2.3819 | 0.0001 | 0.0143 | 0.9415 | 0.9507 | |||
100 | 0.6996 | 0.9162 | 0.0001 | 0.0101 | −0.0337 | 1.6285 | 0.0001 | 0.0104 | 0.9446 | 0.9486 | |||
6 | 0.75 | 1.1 | 10 | 0.7475 | 1.3025 | 0.0004 | 0.1828 | −0.2473 | 20.2578 | 0.0004 | 0.2239 | 0.9037 | 0.9520 |
25 | 0.7489 | 1.1697 | 0.0001 | 0.0496 | −0.1068 | 6.9781 | 0.0001 | 0.0545 | 0.9330 | 0.9515 | |||
50 | 0.7495 | 1.1345 | 0.0001 | 0.0222 | −0.0477 | 3.4546 | 0.0001 | 0.0234 | 0.9432 | 0.9516 | |||
75 | 0.7497 | 1.1238 | 0.0001 | 0.0144 | −0.0244 | 2.3864 | 0.0001 | 0.0149 | 0.9429 | 0.9515 | |||
100 | 0.7497 | 1.1163 | 0.0001 | 0.0106 | −0.0214 | 1.6317 | 0.0001 | 0.0108 | 0.9452 | 0.9470 |