Table 9.
True value | θ̂(ESD) | θ̂ (ESD) | θ̂ (ESD) | |
---|---|---|---|---|
| ||||
30 Days | 90 Days | 180 Days | ||
| ||||
Transition Prob. | ||||
| ||||
γAA | 0.90 | 0.891 (0.0004) | 0.892 (0.0010) | 0.894 (0.0019) |
γAB | 0.07 | 0.075 (0.0004) | 0.076 (0.0010) | 0.077 (0.0018) |
γAE | 0.03 | 0.030 (0.0002) | 0.030 (0.0006) | 0.029 (0.0010) |
| ||||
γBA | 0.03 | 0.031 (0.0003) | 0.032 (0.0011) | 0.032 (0.0025) |
γBB | 0.85 | 0.840 (0.0006) | 0.838 (0.0020) | 0.838 (0.0043) |
γBC | 0.09 | 0.092 (0.0005) | 0.096 (0.0016) | 0.102 (0.0031) |
γBE | 0.03 | 0.030 (0.0003) | 0.029 (0.0009) | 0.029 (0.0017) |
| ||||
γCB | 0.03 | 0.031 (0.0005) | 0.031 (0.0016) | 0.030 (0.0033) |
γCC | 0.80 | 0.803 (0.0011) | 0.798 (0.0036) | 0.797 (0.0061) |
γCD | 0.14 | 0.135 (0.0010) | 0.139 (0.0029) | 0.140 (0.0059) |
γCE | 0.03 | 0.031 (0.0003) | 0.032 (0.0011) | 0.033 (0.0028) |
| ||||
γDC | 0.03 | 0.031 (0.0008) | 0.031 (0.0024) | 0.031 (0.0059) |
γDD | 0.75 | 0.752 (0.0017) | 0.758 (0.0050) | 0.768 (0.0092) |
γDE | 0.22 | 0.216 (0.0014) | 0.211 (0.0039) | 0.202 (0.0083) |