Table 2.
Simulation results for fitting CPMs with exchangeable working correlation with equal-quantile binned and rounded response data based on the primary setting. For equal-quantile binning, we show results of and 200. Results of rounding to 0 and 1 decimal place are also shown.
| Scenario | Metric | |||||
|---|---|---|---|---|---|---|
| Binning | Bias(%) | 0.171 | 0.548 | −1.064 | −2.258 | 0.142 |
| RMSE | 0.052 | 0.068 | 1.205 | 1.107 | 0.170 | |
| Empirical SE | 0.052 | 0.067 | 0.134 | 0.132 | 0.018 | |
| Average SE | 0.053 | 0.067 | 0.129 | - | 0.016 | |
| Coverage | 0.956 | 0.945 | 0.889 | 0.881 | 0.901 | |
| Binning | Bias(%) | 0.174 | 0.757 | −0.039 | −0.053 | −0.233 |
| RMSE | 0.052 | 0.068 | 1.205 | 1.166 | 0.171 | |
| Empirical SE | 0.052 | 0.068 | 0.135 | 0.131 | 0.016 | |
| Average SE | 0.053 | 0.067 | 0.133 | - | 0.016 | |
| Coverage | 0.958 | 0.942 | 0.929 | 0.923 | 0.935 | |
| Binning | Bias(%) | 0.187 | 1.193 | −0.316 | −0.493 | −0.174 |
| RMSE | 0.052 | 0.069 | 1.217 | 1.181 | 0.171 | |
| Empirical SE | 0.052 | 0.068 | 0.135 | 0.130 | 0.016 | |
| Average SE | 0.053 | 0.067 | 0.135 | - | 0.016 | |
| Coverage | 0.957 | 0.936 | 0.945 | 0.948 | 0.953 | |
| Binning | Bias(%) | 0.208 | 2.069 | −0.197 | −0.311 | −0.112 |
| RMSE | 0.052 | 0.071 | 1.223 | 1.189 | 0.170 | |
| Empirical SE | 0.052 | 0.068 | 0.135 | 0.131 | 0.015 | |
| Average SE | 0.053 | 0.067 | 0.136 | - | 0.016 | |
| Coverage | 0.957 | 0.924 | 0.946 | 0.952 | 0.958 | |
| Rounding 0 decimal place | Bias(%) | 0.196 | 0.799 | −0.015 | −7.316 | −20.965 |
| RMSE | 0.052 | 0.070 | 1.231 | 0.940 | 0.222 | |
| Empirical SE | 0.054 | 0.069 | 0.136 | 0.155 | 0.014 | |
| Average SE | 0.053 | 0.068 | 0.139 | - | 0.014 | |
| Coverage | 0.959 | 0.937 | 0.952 | 0.244 | 0.004 | |
| Rounding 1 decimal place | Bias(%) | 0.210 | 3.180 | −0.123 | −0.693 | −2.147 |
| RMSE | 0.052 | 0.076 | 1.229 | 1.175 | 0.176 | |
| Empirical SE | 0.052 | 0.070 | 0.136 | 0.130 | 0.015 | |
| Average SE | 0.053 | 0.067 | 0.138 | - | 0.016 | |
| Coverage | 0.957 | 0.907 | 0.953 | 0.942 | 0.943 |