Table 2.
Model Parameterization Comparisons
| Approach 1 Varying Variance |
Approach 2 Invariant Variance |
Approach 3 No Variance |
|
|---|---|---|---|
| Group 1: Escalators | |||
| Intercept µ | 1.36 (.10) | 1.22 (.15) | 1.31 (.11) |
| Intercept σ | .19 (.03) | .12 (.02) = | 0.00 |
| Slope µ | .30 (.05) | .55 (.07) | .29 (.04) |
| Slope σ | .002 (.000) | .001(.00)= | 0.00 |
| Quadratic µ | −.021 (.004) | −.042 (.005) | −.021 (.002) |
| Class Proportion | 24.4% | 9.3% | 17.6% |
| Group 2: Decliners | |||
| Intercept µ | 3.67 (.21) | 3.85 (.17) | 3.97 (.19) |
| Intercept σ | .19 (.03) | .12 (.02) = | 0.00 |
| Slope µ | −.32 (.05) | −.31 (.05) | −.23 (.07) |
| Slope σ | .002 (.000) | .001 (.00)= | 0.00 |
| Quadratic µ | .013 (.003) | .012 (.003) | .003 (.005) |
| Class Proportion | 11.1% | 10.0% | 6.9% |
| Group 3: Low Null Growth | |||
| Intercept µ | 1.32 (.05) | 1.36 (.04) | 1.22 (.02) |
| Intercept σ | .08 (.03) | .12 (.02) = | 0.00 |
| Slope µ | .04 (.009) | .06 (.01) | .05 (.01) |
| Slope σ | .000 (.000) | .001(.00)= | 0.00 |
| Quadratic µ | −.004 (.001) | −.005 (.001) | −.004 (.001) |
| Class Proportion | 64.5% | 80.7% | 57.2% |
| Group 4: High Escalator | |||
| Intercept µ | 1.87 (.25) | ||
| Intercept σ | 0.00 | ||
| Slope µ | .47 (.09) | ||
| Slope σ | NA | NA | 0.00 |
| Quadratic µ | −.035 (.007) | ||
| Class Proportion | 5.4% | ||
| Group 5: Low Decliner | |||
| Intercept µ | 2.47 (.17) | ||
| Intercept σ | 0.00 | ||
| Slope µ | −.10 (.06) | ||
| Slope σ | NA | NA | 0.00 |
| Quadratic µ | 0.00(.004) | ||
| Class Proportion | 13.0% | ||
Fixed to zero
Fixed to be equal across class