Scenario A | Scenario B | |||
---|---|---|---|---|
n=50 | n=200 | n=50 | n=200 | |
Bias of cutoff | ||||
Empirical | -0.14 (0.0025) | -0.05 (0.0014) | -0.02 (0.0041) | -0.02 (0.0015) |
Normal | -0.26 (0.0018) | -0.23 (0.0010) | 0.65 (0.0105) | 1.00 (0.0073) |
Log Normal | -0.35 (0.0014) | -0.36 (0.0007) | -0.23 (0.0029) | -0.24 (0.0014) |
MAD | -0.92 (0.0007) | -0.92 (0.0004) | -1.29 (0.0009) | -1.29 (0.0004) |
Log MAD | -0.68 (0.0012) | -0.68 (0.0006) | -1.03 (0.0015) | -1.06 (0.0007) |
Pareto 0.9 | -0.07 (0.0022) | -0.03 (0.0012) | 0.65 (0.0077) | 0.70 (0.0038) |
Hybrid Empirical | -0.17 (0.0024) | -0.05 (0.0014) | -0.03 (0.0041) | -0.02 (0.0015) |
Hybrid Pareto 0.9 | -0.12 (0.0023) | -0.03 (0.0012) | 0.64 (0.0077) | 0.70 (0.0038) |
RMSE of cutoff | ||||
Empirical | 0.51 (0.0021) | 0.29 (0.0012) | 0.82 (0.0130) | 0.31 (0.0017) |
Normal | 0.45 (0.0015) | 0.30 (0.0008) | 2.20 (0.0341) | 1.77 (0.0170) |
Log Normal | 0.45 (0.0012) | 0.38 (0.0007) | 0.63 (0.0028) | 0.37 (0.0011) |
MAD | 0.93 (0.0007) | 0.93 (0.0004) | 1.30 (0.0009) | 1.30 (0.0004) |
Log MAD | 0.72 (0.0011) | 0.69 (0.0006) | 1.08 (0.0013) | 1.07 (0.0007) |
Pareto 0.9 | 0.45 (0.0019) | 0.23 (0.0010) | 1.67 (0.0182) | 1.04 (0.0056) |
Hybrid Empirical | 0.51 (0.0020) | 0.29 (0.0012) | 0.83 (0.0129) | 0.31 (0.0017) |
Hybrid Pareto 0.9 | 0.47 (0.0019) | 0.24 (0.0010) | 1.67 (0.0181) | 1.04 (0.0056) |