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