Mean error | 0.0002 | 0.0028 | −0.0018 | −0.0018 | −0.0019 | −0.0011 |
Mean absolute error | 0.0409 | 0.0130 | 0.0150 | 0.0173 | 0.0237 | 0.0312 |
Number of estimates > correct value | 51 | 56 | 48 | 48 | 45 | 47 |
Number of estimates < correct value | 49 | 44 | 52 | 52 | 55 | 53 |
Panel 2. Estimates of q (0.40) | ||||||
Mean | 0.3979 | 0.3970 | 0.3982 | 0.3982 | 0.3981 | 0.3989 |
Standard Deviation | 0.0298 | 0.0175 | 0.0187 | 0.0219 | 0.0298 | 0.0402 |
Variation Coefficient | 0.0749 | 0.0441 | 0.0470 | 0.0551 | 0.0747 | 0.1008 |
10% percentile | 0.3657 | 0.3759 | 0.3780 | 0.3707 | 0.3659 | 0.3523 |
25% percentile | 0.3773 | 0.3856 | 0.3871 | 0.3836 | 0.3775 | 0.3706 |
Median | 0.3960 | 0.3965 | 0.3984 | 0.3992 | 0.3961 | 0.3984 |
75% percentile | 0.4183 | 0.4104 | 0.4116 | 0.4124 | 0.4185 | 0.4238 |
90% percentile | 0.4334 | 0.4189 | 0.4199 | 0.4243 | 0.4335 | 0.4470 |
Minimum value | 0.3303 | 0.3525 | 0.3436 | 0.3479 | 0.3305 | 0.3096 |
Maximum value | 0.4828 | 0.4547 | 0.4438 | 0.4606 | 0.4828 | 0.5163 |
Mean error | −0.0021 | −0.0030 | −0.0018 | −0.0018 | −0.0019 | −0.0011 |
Mean absolute error | 0.0237 | 0.0143 | 0.0150 | 0.0173 | 0.0237 | 0.0312 |
Number of estimates > correct value | 45 | 42 | 48 | 48 | 45 | 47 |
Number of estimates < correct value | 55 | 58 | 52 | 52 | 55 | 53 |
Panel 3. Estimates (derived) of r (0.05) | ||||||
Mean | 0.0546 | 0.0496 | 0.0499 | 0.0504 | 0.0542 | 0.0511 |
Standard Deviation | 0.0764 | 0.0053 | 0.0083 | 0.0080 | 0.0762 | 0.0097 |
Variation Coefficient | 1.3989 | 0.1066 | 0.1654 | 0.1589 | 1.4051 | 0.1902 |
10% percentile | −0.0272 | 0.0430 | 0.0400 | 0.0417 | −0.0274 | 0.0400 |
25% percentile | −0.0043 | 0.0458 | 0.0445 | 0.0463 | −0.0046 | 0.0440 |
Median | 0.0428 | 0.0498 | 0.0502 | 0.0501 | 0.0424 | 0.0509 |
75% percentile | 0.1009 | 0.0532 | 0.0561 | 0.0555 | 0.1003 | 0.0566 |
90% percentile | 0.1572 | 0.0564 | 0.0598 | 0.0596 | 0.1566 | 0.0627 |
Minimum value | −0.0989 | 0.0308 | 0.0213 | 0.0174 | −0.0990 | 0.0253 |
Maximum value | 0.2613 | 0.0633 | 0.0721 | 0.0703 | 0.2599 | 0.0881 |
Mean error | 0.0046 | −0.0004 | −0.0001 | 0.0004 | 0.0042 | 0.0011 |
Mean absolute error | 0.0602 | 0.0042 | 0.0064 | 0.0060 | 0.0600 | 0.0075 |
Number of estimates > correct value | 47.0000 | 48.0000 | 53.0000 | 51.0000 | 46.0000 | 54.0000 |
Number of estimates < correct value | 53.0000 | 52.0000 | 47.0000 | 49.0000 | 54.0000 | 46.0000 |