Table 2.
Simulation results on the estimation of hazard/loss ratios by PH and PW models.
| PH | PW | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| n | β | EST | SE | SEE | CP | EST | SE | SEE | CP |
| 200 | 0 | 0.009 | 0.149 | 0.151 | 0.957 | 0.011 | 0.165 | 0.168 | 0.952 |
| −0.2 | −0.206 | 0.155 | 0.160 | 0.951 | −0.202 | 0.173 | 0.171 | 0.955 | |
| −0.5 | −0.503 | 0.162 | 0.163 | 0.948 | 0.504 | 0.175 | 0.177 | 0.953 | |
| 500 | 0 | −0.002 | 0.098 | 0.096 | 0.947 | 0.003 | 0.104 | 0.107 | 0.949 |
| −0.2 | −0.205 | 0.096 | 0.101 | 0.954 | −0.203 | 0.107 | 0.109 | 0.956 | |
| −0.5 | −0.496 | 0.102 | 0.104 | 0.949 | −0.501 | 0.110 | 0.112 | 0.951 | |
Note: EST and SE are the mean and standard error of the parameter estimator; SEE is the mean of the standard error estimator; CP is the coverage probability of the 95% confidence interval. Each scenario is based on 2,000 replicates.