β ^

Method

n = 50

n = 100

Bias

SD

JackSD

MSE

CP

Bias

SD

JackSD

MSE

CP

β ^ 0

CM

−0.0002

0.0106

0.0104

0.0001

0.942

−0.0004

0.0069

0.0072

0.0000

0.952

CRM

−0.0002

0.0106

0.0104

0.0001

0.942

−0.0004

0.0069

0.0072

0.0000

0.952

SCM

0.0191

0.3548

0.3789

0.1262

0.982

−0.0132

0.2404

0.2588

0.0579

0.972

M1

−0.0006

0.0151

0.0147

0.0002

0.936

−0.0003

0.0093

0.0101

0.0001

0.960

M2 (1)

−0.0002

0.0106

0.0104

0.0001

0.940

−0.0004

0.0069

0.0072

0.0000

0.952

M2 (2)

−0.0002

0.0106

0.0104

0.0001

0.940

−0.0004

0.0069

0.0072

0.0000

0.952

M2 (3)

0.0000

0.0121

0.0130

0.0001

0.950

−0.0004

0.0089

0.0090

0.0001

0.964

M2 (4)

0.0000

0.0116

0.0123

0.0001

0.946

−0.0003

0.0084

0.0084

0.0001

0.962

M2 (5)

0.0000

0.0114

0.0120

0.0001

0.946

−0.0003

0.0082

0.0083

0.0001

0.960

β ^ 1

CM

0.0002

0.0152

0.0152

0.0002

0.932

−0.0007

0.0093

0.0103

0.0001

0.962

CRM

0.0002

0.0152

0.0152

0.0002

0.932

−0.0007

0.0093

0.0103

0.0001

0.962

SCM

3.4912

0.8982

0.8697

12.9956

0.000

3.4429

0.6252

0.6125

12.2446

0.000

M1

0.0000

0.0129

0.0132

0.0002

0.940

−0.0009

0.0080

0.0088

0.0001

0.972

M2 (1)

0.0002

0.0153

0.0152

0.0002

0.932

−0.0007

0.0093

0.0103

0.0001

0.966

M2 (2)

0.0002

0.0153

0.0152

0.0002

0.930

−0.0007

0.0092

0.0103

0.0001

0.966

M2 (3)

0.0000

0.0183

0.0188

0.0003

0.948

−0.0008

0.0120

0.0128

0.0001

0.956

M2 (4)

0.0001

0.0174

0.0179

0.0003

0.946

−0.0008

0.0112

0.0121

0.0001

0.956

M2 (5)

0.0001

0.0171

0.0175

0.0003

0.944

−0.0008

0.0110

0.0118

0.0001

0.958

β ^ 2

CM

0.0010

0.0151

0.0154

0.0002

0.956

−0.0003

0.0098

0.0103

0.0001

0.954

CRM

0.0010

0.0151

0.0154

0.0002

0.956

−0.0003

0.0098

0.0103

0.0001

0.954

SCM

0.9018

0.4700

0.4722

1.0342

0.502

0.8680

0.3307

0.3245

0.8627

0.228

M1

0.0006

0.0130

0.0133

0.0002

0.942

−0.0003

0.0085

0.0089

0.0001

0.954

M2 (1)

0.0010

0.0151

0.0154

0.0002

0.958

−0.0003

0.0098

0.0103

0.0001

0.956

M2 (2)

0.0010

0.0151

0.0154

0.0002

0.958

−0.0003

0.0098

0.0103

0.0001

0.956

M2 (3)

0.0004

0.0179

0.0184

0.0003

0.944

−0.0005

0.0120

0.0127

0.0001

0.968

M2 (4)

0.0005

0.0171

0.0176

0.0003

0.948

−0.0005

0.0114

0.0120

0.0001

0.960

M2 (5)

0.0006

0.0168

0.0173

0.0003

0.948

−0.0005

0.0112

0.0118

0.0001

0.956