Table 2.

Estimated coverage probabilities under the VST. The nominal level is 95%. (θ = 0.01)

K	ρ	n
		2	3	5
	0.3	0.943	0.954	0.945
	0.4	0.930	0.934	0.952
12	0.6	0.949	0.942	0.938
	0.7	0.920	0.932	0.929
	0.8	0.927	0.926	0.913
	0.3	0.938	0.951	0.945
	0.4	0.936	0.953	0.955
25	0.6	0.926	0.948	0.946
	0.7	0.928	0.939	0.931
	0.8	0.925	0.939	0.915
	0.3	0.946	0.936	0.946
	0.4	0.957	0.935	0.942
50	0.6	0.940	0.955	0.936
	0.7	0.940	0.947	0.935
	0.8	0.947	0.930	0.925
	0.3	0.941	0.948	0.945
	0.4	0.941	0.947	0.941
75	0.6	0.935	0.933	0.941
	0.7	0.932	0.929	0.949
	0.8	0.960	0.936	0.925