Table 5.
Simulation 1
| |||||
---|---|---|---|---|---|
Parameter | True Value | Mean (SD) | Average Bias | Coverage | |
α1 | 6.89 | 6.91 (0.15) | 0.019 | 88 | |
α2 | 6.79 | 6.80 (0.14) | 0.007 | 93 | |
| |||||
λ1 | 1.10 | 1.06 (0.11) | −0.04 | 87 | |
λ2 | 1.22 | 1.28 (0.13) | 0.058 | 92 | |
| |||||
γ1 | 0 | 0.00021 (0.01) | 0.00021 | 93 | |
γ2 | 0 | −0.00002 (0.00033) | −0.00002 | 91 | |
| |||||
Ψa | 1 | 1.00 (0.17) | 0.0036 | 95 | |
|
1 | 1.07 (0.27) | 0.078 | 91 | |
|
1 | 0.85 (0.32) | −0.15 | 93 | |
|
1 | 1.06 (0.23) | 0.06 | 88 | |
|
1 | 0.85 (0.31) | −0.15 | 88 | |
| |||||
Simulation 2
| |||||
Parameter | True Value | Mean (SD) | Average Bias | Coverage | |
| |||||
α1 | 6.89 | 6.92 (0.15) | 0.027 | 87 | |
α2 | 6.79 | 6.80 (0.14) | 0.01 | 94 | |
| |||||
λ1 | 1.10 | 1.10 (0.056) | 0.001 | 92 | |
λ2 | 1.22 | 1.23 (0.056) | 0.0009 | 95 | |
| |||||
γ1 | −0.05 | −0.049 (0.011) | 0.00066 | 96 | |
γ2 | 0.0003 | 0.0003 (0.00033) | −0.00004 | 95 | |
| |||||
Ψa | 1 | 1.01 (0.18) | 0.0099 | 96 | |
|
1 | 1.03 (0.22) | 0.031 | 92 | |
|
1 | 0.97 (0.24) | −0.03 | 93 | |
|
1 | 0.99 (0.10) | −0.013 | 97 | |
|
1 | 0.99 (0.13) | −0.0074 | 92 | |
| |||||
Simulation 3
| |||||
Parameter | True Value | Mean (SD) | Average Bias | Coverage | |
| |||||
α1 | 6.89 | 6.89 (0.16) | 0.0011 | 91 | |
α2 | 6.79 | 6.79 (0.14) | 0.002 | 95 | |
| |||||
λ1 | 1.10 | 1.10 (0.043) | 0.002 | 91 | |
λ2 | 1.22 | 1.23 (0.049) | 0.0069 | 94 | |
| |||||
γ1 | −0.20 | −0.20 (0.013) | 0.0015 | 97 | |
γ2 | 0.0003 | 0.0003 (0.00033) | −0.00004 | 93 | |
| |||||
Ψa | 1 | 1.01 (0.18) | 0.014 | 97 | |
|
1 | 1.03 (0.18) | 0.031 | 98 | |
|
1 | 0.98 (0.21) | −0.02 | 96 | |
|
1 | 0.99 (0.087) | −0.011 | 99 | |
|
1 | 1.00 (0.12) | −0.0020 | 87 |