Table 2.
Simulation Results
| Variable | Bias | StDev | StdErr | CP | Bias | StDev | StdErr | CP |
|---|---|---|---|---|---|---|---|---|
| r=0 | r=0.5 | |||||||
| β1 | 0.005 | 0.125 | 0.124 | 0.944 | −0.003 | 0.139 | 0.145 | 0.954 |
| β2 | −0.013 | 0.138 | 0.141 | 0.948 | −0.005 | 0.169 | 0.165 | 0.946 |
| μ0 | −0.001 | 0.047 | 0.048 | 0.952 | 0.003 | 0.046 | 0.048 | 0.964 |
| μ1 | −0.006 | 0.059 | 0.060 | 0.952 | −0.008 | 0.058 | 0.057 | 0.944 |
| σ2 | −0.004 | 0.010 | 0.010 | 0.934 | −0.005 | 0.009 | 0.010 | 0.912 |
| v11 | −0.007 | 0.069 | 0.075 | 0.968 | −0.011 | 0.074 | 0.073 | 0.940 |
| vl2 | 0.012 | 0.066 | 0.065 | 0.940 | 0.014 | 0.062 | 0.062 | 0.952 |
| v22 | −0.008 | 0.099 | 0.099 | 0.938 | −0.005 | 0.098 | 0.093 | 0.944 |
| r=1 | r=2 | |||||||
| β1 | 0.009 | 0.170 | 0.164 | 0.942 | 0.000 | 0.203 | 0.194 | 0.946 |
| β2 | −0.007 | 0.188 | 0.187 | 0.946 | 0.025 | 0.228 | 0.223 | 0.940 |
| μ0 | 0.000 | 0.049 | 0.048 | 0.946 | 0.002 | 0.047 | 0.047 | 0.944 |
| μ1 | −0.003 | 0.060 | 0.056 | 0.926 | −0.001 | 0.058 | 0.054 | 0.926 |
| σ2 | −0.006 | 0.009 | 0.009 | 0.886 | −0.006 | 0.008 | 0.008 | 0.884 |
| v11 | −0.008 | 0.071 | 0.072 | 0.942 | −0.017 | 0.069 | 0.071 | 0.932 |
| vl2 | 0.021 | 0.062 | 0.062 | 0.938 | 0.013 | 0.058 | 0.059 | 0.964 |
| v22 | 0.007 | 0.092 | 0.091 | 0.948 | −0.007 | 0.087 | 0.084 | 0.924 |