Table 2.
# | True Model | True X|π=1 | Fitted Model | Bias (X|π=1) | SD (X|π=1) | MSE (X|π=1) | Reject, Omnibus | Reject, X|π=1 |
---|---|---|---|---|---|---|---|---|
1 | y = e | 0 | X | 0.00084 | 0.1001 | 0.0100 | 0.0502 | 0.0502 |
X+π | 0.00081 | 0.1233 | 0.0152 | 0.0507 | 0.0507 | |||
X+π+X*π | 0.00035 | 0.2463 | 0.0607 | 0.0504 | 0.0496 | |||
X (RCT) | 0.00041 | 0.0998 | 0.0100 | 0.0499 | 0.0499 | |||
| ||||||||
2 | y = 0.5X + e | 0.5 | X | 0.00049 | 0.1000 | 0.0100 | 0.9987 | 0.9987 |
X+π | 0.00060 | 0.1228 | 0.0151 | 0.9820 | 0.9820 | |||
X+π+X*π | 0.00106 | 0.2463 | 0.0607 | 0.9600 | 0.5275 | |||
X (RCT) | 0.00012 | 0.1001 | 0.0100 | 0.9986 | 0.9986 | |||
| ||||||||
3 | y = 0.3π + e | 0 | X | 0.10029 | 0.1007 | 0.0202 | 0.1691 | 0.1691 |
X+π | 0.00008 | 0.1232 | 0.0152 | 0.0505 | 0.0505 | |||
X+π+X*π | 0.00066 | 0.2465 | 0.0607 | 0.0506 | 0.0501 | |||
X (RCT) | −0.00016 | 0.1004 | 0.0101 | 0.0504 | 0.0504 | |||
| ||||||||
4 |
y = 0.5X + 0.3π + e |
0.5 | X | 0.10034 | 0.1005 | 0.0202 | 1.0000 | 1.0000 |
X+π | 0.00010 | 0.1230 | 0.0151 | 0.9817 | 0.9817 | |||
X+π+X*π | −0.00007 | 0.2468 | 0.0609 | 0.9606 | 0.5266 | |||
X (RCT) | −0.00014 | 0.0997 | 0.0099 | 0.9984 | 0.9984 | |||
| ||||||||
5 |
y = 0.5X + 0.3π + 0.2Xπ + e |
0.7 | X | 0.03443 | 0.1009 | 0.0114 | 1.0000 | 1.0000 |
X+π | −0.09914 | 0.1233 | 0.0250 | 0.9979 | 0.9979 | |||
X+π+X*π | −0.00010 | 0.2464 | 0.0607 | 0.9946 | 0.8086 | |||
X (RCT) | −0.09992 | 0.1001 | 0.0200 | 1.0000 | 1.0000 | |||
| ||||||||
6 |
y = 0.5X + 0.2Xπ + e |
0.7 | X | −0.06671 | 0.1002 | 0.0145 | 1.0000 | 1.0000 |
X+π | −0.10008 | 0.1226 | 0.0251 | 0.9979 | 0.9979 | |||
X+π+X*π | −0.00046 | 0.2472 | 0.0611 | 0.9945 | 0.8082 | |||
X (RCT) | −0.10028 | 0.1002 | 0.0201 | 1.0000 | 1.0000 | |||
| ||||||||
7 |
y = 0.3π + 0.2Xπ + e |
0.2 | X | 0.03272 | 0.1008 | 0.0112 | 0.6360 | 0.6360 |
X+π | −0.10016 | 0.1234 | 0.0253 | 0.1286 | 0.1286 | |||
X+π+X*π | −0.00100 | 0.2466 | 0.0608 | 0.1203 | 0.1273 | |||
X (RCT) | −0.09976 | 0.1000 | 0.0199 | 0.1690 | 0.1690 | |||
| ||||||||
8 |
y = 0.2Xπ + e |
0.2 | X | −0.06667 | 0.1001 | 0.0145 | 0.2628 | 0.2628 |
X+π | −0.10043 | 0.1231 | 0.0252 | 0.1272 | 0.1272 | |||
X+π+X*π | 0.00048 | 0.2464 | 0.0607 | 0.1215 | 0.1279 | |||
X (RCT) | −0.10045 | 0.1003 | 0.0201 | 0.1687 | 0.1687 | |||
| ||||||||
9 | y = f1(π) + e | 0 | X | 0.21427 | 0.1019 | 0.0563 | 0.5605 | 0.5605 |
X+π | −0.00015 | 0.1231 | 0.0151 | 0.0497 | 0.0497 | |||
X+π+X*π | 0.00071 | 0.2469 | 0.0610 | 0.0502 | 0.0505 | |||
X (RCT) | −0.00013 | 0.1002 | 0.0100 | 0.0506 | 0.0506 | |||
| ||||||||
10 |
y = 0.5X + f1(π) + e |
0.5 | X | 0.21470 | 0.1012 | 0.0563 | 1.0000 | 1.0000 |
X+π | 0.00025 | 0.1230 | 0.0151 | 0.9819 | 0.9819 | |||
X+π+X*π | −0.00108 | 0.2464 | 0.0607 | 0.9607 | 0.5245 | |||
X (RCT) | 0.00026 | 0.1004 | 0.0101 | 0.9987 | 0.9987 | |||
| ||||||||
11 |
y = 0.5X + f1(π) + 0.2f1(π)X + e |
0.601 | X | 0.18527 | 0.1014 | 0.0446 | 1.0000 | 1.0000 |
X+π | −0.05061 | 0.1229 | 0.0177 | 0.9938 | 0.9938 | |||
X+π+X*π | 0.01352 | 0.2459 | 0.0606 | 0.9850 | 0.7014 | |||
X (RCT) | −0.05007 | 0.0997 | 0.0125 | 0.9998 | 0.9998 | |||
| ||||||||
12 |
y = 0.5X + 0.2f1(π)X + e |
0.601 | X | −0.02910 | 0.0998 | 0.0108 | 0.9999 | 0.9999 |
X+π | −0.05019 | 0.1226 | 0.0175 | 0.9936 | 0.9936 | |||
X+π+X*π | 0.01462 | 0.2455 | 0.0605 | 0.9849 | 0.7050 | |||
X (RCT) | −0.05097 | 0.1000 | 0.0126 | 0.9998 | 0.9998 | |||
| ||||||||
13 |
y = f1(π) + 0.2f1(π)X + e |
0.101 | X | 0.18521 | 0.1013 | 0.0446 | 0.8029 | 0.8029 |
X+π | −0.05043 | 0.1226 | 0.0176 | 0.0678 | 0.0678 | |||
X+π+X*π | 0.01460 | 0.2469 | 0.0612 | 0.0693 | 0.0758 | |||
X (RCT) | −0.05022 | 0.1002 | 0.0126 | 0.0803 | 0.0803 | |||
| ||||||||
14 |
y = 02f1(π)X + e |
0.101 | X | −0.02916 | 0.0998 | 0.0108 | 0.1095 | 0.1095 |
X+π | −0.05055 | 0.1225 | 0.0176 | 0.0685 | 0.0685 | |||
X+π+X*π | 0.01309 | 0.2462 | 0.0608 | 0.0688 | 0.0738 | |||
X (RCT) | −0.05027 | 0.1000 | 0.0125 | 0.0791 | 0.0791 | |||
| ||||||||
15 | y = f2(π) + e | 0 | X | 0.17542 | 0.1014 | 0.0411 | 0.4083 | 0.4083 |
X+π | −0.00006 | 0.1236 | 0.0153 | 0.0489 | 0.0489 | |||
X+π+X*π | −0.25583 | 0.2482 | 0.1271 | 0.1701 | 0.1766 | |||
X (RCT) | −0.00006 | 0.1000 | 0.0100 | 0.0504 | 0.0504 | |||
| ||||||||
16 |
y = 0.5X + f2(π) + e |
0.5 | X | 0.17587 | 0.1012 | 0.0412 | 1.0000 | 1.0000 |
X+π | −0.00004 | 0.1236 | 0.0153 | 0.9810 | 0.9810 | |||
X+π+X*π | −0.25506 | 0.2479 | 0.1265 | 0.9715 | 0.1694 | |||
X (RCT) | 0.00052 | 0.1001 | 0.0100 | 0.9988 | 0.9988 | |||
| ||||||||
17 |
y = 0.5X + f2(π) + 02f2(π)X + e |
0.610 | X | 0.16782 | 0.1017 | 0.0385 | 1.0000 | 1.0000 |
X+π | −0.01722 | 0.1236 | 0.0156 | 0.9971 | 0.9971 | |||
X+π+i*π | −0.24525 | 0.2485 | 0.1219 | 0.9943 | 0.3161 | |||
X (RCT) | −0.00515 | 0.1006 | 0.0101 | 1.0000 | 1.0000 | |||
| ||||||||
18 |
y = 0.5X + 02f2(π)X + e |
0.610 | X | −0.00763 | 0.1000 | 0.0101 | 1.0000 | 1.0000 |
X+π | −0.01646 | 0.1227 | 0.0153 | 0.9977 | 0.9977 | |||
X+π+X*π | 0.01083 | 0.2466 | 0.0609 | 0.9939 | 0.7094 | |||
X (RCT) | −0.00516 | 0.0999 | 0.0100 | 1.0000 | 1.0000 | |||
| ||||||||
19 |
y = f2(π) + 0.2f2(π)X + e |
0.110 | X | 0.16775 | 0.1013 | 0.0384 | 0.7797 | 0.7797 |
X+π | −0.01740 | 0.1235 | 0.0156 | 0.1161 | 0.1161 | |||
X+π+X*π | −0.24615 | 0.2484 | 0.1223 | 0.1962 | 0.0848 | |||
X (RCT) | −0.00530 | 0.1003 | 0.0101 | 0.1818 | 0.1818 | |||
| ||||||||
20 |
y = 0.2f2(π)X + e |
0.110 | X | −0.00793 | 0.0998 | 0.0100 | 0.1736 | 0.1736 |
X+π | −0.01682 | 0.1230 | 0.0154 | 0.1182 | 0.1182 | |||
X+π+X*π | 0.00985 | 0.2474 | 0.0613 | 0.0970 | 0.0781 | |||
X (RCT) | −0.00514 | 0.1005 | 0.0101 | 0.1815 | 0.1815 | |||
| ||||||||
21 | y = f3(π) + e | 0 | X | 0.13768 | 0.1007 | 0.0291 | 0.2769 | 0.2769 |
X+π | 0.00020 | 0.1230 | 0.0151 | 0.0495 | 0.0495 | |||
X+π+X*π | 0.12139 | 0.2470 | 0.0757 | 0.0748 | 0.0778 | |||
X (RCT) | 0.00013 | 0.1004 | 0.0101 | 0.0511 | 0.0511 | |||
| ||||||||
22 |
y = 0.5X + f3(π) + e |
0.5 | X | 0.13765 | 0.1009 | 0.0291 | 1.0000 | 1.0000 |
X+π | −0.00031 | 0.1231 | 0.0152 | 0.9822 | 0.9822 | |||
X+π+X*π | 0.12178 | 0.2462 | 0.0755 | 0.9631 | 0.7123 | |||
X (RCT) | −0.00055 | 0.1000 | 0.0100 | 0.9988 | 0.9988 | |||
| ||||||||
23 |
y = 0.5X + f3(π) + 0.2f3(π)X + e |
0.581 | X | 0.09457 | 0.1011 | 0.0192 | 1.0000 | 1.0000 |
X+π | −0.06127 | 0.1231 | 0.0189 | 0.9870 | 0.9870 | |||
X+π+X*π | 0.11257 | 0.2469 | 0.0736 | 0.9760 | 0.8006 | |||
X (RCT) | −0.06805 | 0.0999 | 0.0146 | 0.9992 | 0.9992 | |||
| ||||||||
24 |
y = 0.5X + 0.2f1(π)X + e |
0.581 | X | −0.04363 | 0.1000 | 0.0119 | 0.9997 | 0.9997 |
X+π | −0.06154 | 0.1229 | 0.0189 | 0.9869 | 0.9869 | |||
X+π+X*π | −0.00839 | 0.2465 | 0.0608 | 0.9720 | 0.6392 | |||
X (RCT) | −0.06833 | 0.1003 | 0.0147 | 0.9990 | 0.9990 | |||
| ||||||||
25 |
y = f3(π) + 0.2f3(π)X + e |
0.081 | X | 0.09406 | 0.1008 | 0.0190 | 0.4072 | 0.4072 |
X+π | −0.06145 | 0.1227 | 0.0188 | 0.0529 | 0.0529 | |||
X+π+X*π | 0.11269 | 0.2473 | 0.0738 | 0.1053 | 0.1227 | |||
X (RCT) | −0.06823 | 0.0999 | 0.0146 | 0.0516 | 0.0516 | |||
| ||||||||
26 |
y = 0.2f3(π)X + e |
0.081 | X | −0.04344 | 0.1000 | 0.0119 | 0.0657 | 0.0657 |
X+π | −0.06127 | 0.1227 | 0.0188 | 0.0519 | 0.0519 | |||
X+π+X*π | −0.00878 | 0.2461 | 0.0606 | 0.0555 | 0.0591 | |||
X (RCT) | −0.06906 | 0.1000 | 0.0148 | 0.0507 | 0.0507 | |||
| ||||||||
27 |
y = 0.3π + 0.2f1(π)X + e |
0.101 | X | 0.07084 | 0.1007 | 0.0152 | 0.4001 | 0.4001 |
X+π | −0.05063 | 0.1232 | 0.0177 | 0.0699 | 0.0699 | |||
X+π+X*π | 0.01266 | 0.2460 | 0.0607 | 0.0696 | 0.0737 | |||
X (RCT) | −0.00072 | 0.1001 | 0.0100 | 0.1699 | 0.1699 | |||
| ||||||||
28 |
y = f1(π) + 0.2Xπ + e |
0.2 | X | 0.14793 | 0.1018 | 0.0322 | 0.9265 | 0.9265 |
X+π | −0.09929 | 0.1233 | 0.0251 | 0.1295 | 0.1295 | |||
X+π+X*π | 0.00047 | 0.2471 | 0.0611 | 0.1236 | 0.1280 | |||
X (RCT) | −0.14967 | 0.1000 | 0.0324 | 0.0787 | 0.0787 | |||
| ||||||||
29 |
y = 0.5X + 0.3π + 0.2f1(π)X + e |
0.601 | X | 0.07037 | 0.1003 | 0.0150 | 1.0000 | 1.0000 |
X+π | −0.05132 | 0.1227 | 0.0177 | 0.9932 | 0.9932 | |||
X+π+X*π | 0.01249 | 0.2465 | 0.0609 | 0.9846 | 0.6991 | |||
X (RCT) | −0.00126 | 0.1003 | 0.0101 | 1.0000 | 1.0000 | |||
| ||||||||
30 |
y = 0.5X + f1(π) + 0.2Xπ + e |
0.7 | X | 0.14802 | 0.1011 | 0.0321 | 1.0000 | 1.0000 |
X+π | −0.09986 | 0.1226 | 0.0250 | 0.9982 | 0.9982 | |||
X+π+X*π | −0.00040 | 0.2460 | 0.0605 | 0.9951 | 0.8075 | |||
X (RCT) | −0.14932 | 0.0999 | 0.0323 | 0.9998 | 0.9998 |
Note. The two hypothesis tests only differ for the model with the interaction term.