Table 3:
Parameter | True value | Method | Estimate | SE | Bias | rMSE | Coverage |
---|---|---|---|---|---|---|---|
P 1 | 17.0 | TS | 17.097 | 0.425 | 0.097 | 0.435 | 0.95 |
Naive | 17.088 | 0.257 | 0.088 | 0.272 | 0.91 | ||
λ 1 | 4.0 | TS | 4.092 | 0.240 | 0.092 | 0.257 | 0.91 |
Naive | 4.137 | 0.216 | 0.137 | 0.256 | 0.91 | ||
P 2 | 2.6 | TS | 2.794 | 0.398 | 0.194 | 0.442 | 0.95 |
Naive | 2.222 | 0.111 | −0.378 | 0.394 | 0.39 | ||
λ 2 | 0.1 | TS | 0.040 | 0.081 | −0.010 | 0.081 | 0.95 |
Naive | 0.029 | 0.009 | −0.021 | 0.023 | 0.40 | ||
β 1 | 3.2 | TS | 3.267 | 0.140 | 0.067 | 0.155 | 0.95 |
Naive | 3.324 | 0.130 | 0.124 | 0.180 | 0.86 | ||
γ 3 | 1.0 | TS | 0.986 | 0.096 | −0.014 | 0.097 | 0.94 |
Naive | 0.999 | 0.083 | −0.001 | 0.083 | 0.92 | ||
β 2 | 5.6 | TS | 5.588 | 1.187 | −0.012 | 1.187 | 0.94 |
Naive | 6.370 | 1.354 | 0.770 | 1.558 | 0.84 | ||
β 3 | 10.0 | TS | 10.079 | 2.062 | 0.079 | 2.064 | 0.94 |
Naive | 11.170 | 2.650 | 1.170 | 2.897 | 0.88 | ||
β 4 | 1.0 | TS | 0.930 | 0.092 | −0.070 | 0.115 | 0.85 |
Naive | 0.861 | 0.072 | −0.139 | 0.157 | 0.62 |