Table 2.
n = 50.
| Parameters | True value | Estimated value | Root mean square | Deviation |
|---|---|---|---|---|
| β 0 | 0.5 | 0.540 | 0.032 | 0.040 |
| β 1 | 0.7 | 0.680 | 0.042 | 0.020 |
| β 2 | 0.7 | 0.730 | 0.039 | 0.030 |
| β 3 | 0.7 | 0.670 | 0.042 | 0.030 |
| β 4 | 0.7 | 0.722 | 0.040 | 0.022 |
| σ u | 0.8 | 0.860 | 0.086 | 0.060 |
n = 50.
| Parameters | True value | Estimated value | Root mean square | Deviation |
|---|---|---|---|---|
| β 0 | 0.5 | 0.540 | 0.032 | 0.040 |
| β 1 | 0.7 | 0.680 | 0.042 | 0.020 |
| β 2 | 0.7 | 0.730 | 0.039 | 0.030 |
| β 3 | 0.7 | 0.670 | 0.042 | 0.030 |
| β 4 | 0.7 | 0.722 | 0.040 | 0.022 |
| σ u | 0.8 | 0.860 | 0.086 | 0.060 |