Parameter

Starting Values

EM ( t o l = 10 3 )

EM ( t o l = 10 5 )

EM ( t o l = 10 10 )

α ^

0.6556607

1.025172

1.025056

1.025061

β ^

−0.1257455

−0.082968

−0.082969

−0.082988

δ ^

0.8310044

0.8571405

0.8570473

0.8570354

μ ^

0.1690855

0.1506045

0.150692

0.1507229

Loglikelihood

−1048.305

−1048.288

−1048.301

No. iteration

9

12

32

AIC

2104.61

2104.576

2104.602