Table 2 Example MCMC Simulation Output for Model 27: Some Statistics of the Estimated Posterior Density for a Selected Number of Parameters
Wednesday, November 30, 2011
Table 2
Example MCMC Simulation Output for
Model 27: Some Statistics of the Estimated Posterior Density for a
Selected Number of Parameters
| Parameter | Mean | Standard error | 2.5% | Median | 97.5% |
|---|---|---|---|---|---|
| α1 | -0.963 | 0.154 | -1.269 | -0.964 | -0.662 |
| α2 | -0.639 | 0.148 | -0.929 | -0.635 | -0.356 |
| α3 | -1.131 | 0.162 | -1.450 | -1.128 | -0.823 |
| α4 | -1.240 | 0.183 | -1.595 | -1.237 | -0.882 |
| α5 | -1.288 | 0.155 | -1.595 | -1.283 | -0.993 |
| α6 | -1.427 | 0.182 | -1.768 | -1.429 | -1.066 |
| α7 | -1.376 | 0.128 | -1.629 | -1.375 | -1.127 |
| α8 | -1.218 | 0.130 | -1.479 | -1.215 | -0.978 |
| α9 | -0.984 | 0.158 | -1.283 | -0.986 | -0.666 |
| α10 | -0.582 | 0.162 | -0.889 | -0.584 | -0.260 |
| α11 | -0.610 | 0.156 | -0.924 | -0.602 | -0.321 |
| α12 | -0.498 | 0.208 | -0.918 | -0.489 | -0.097 |
| α13 | -0.919 | 0.149 | -1.232 | -0.914 | -0.634 |
| α14 | -0.668 | 0.137 | -0.943 | -0.668 | -0.398 |
| α15 | -0.770 | 0.139 | -1.045 | -0.772 | -0.503 |
| α16 | -0.893 | 0.165 | -1.216 | -0.891 | -0.551 |
| α17 | -0.754 | 0.139 | -1.030 | -0.756 | -0.495 |
| α18 | -0.630 | 0.170 | -0.966 | -0.621 | -0.294 |
| α19 | -0.649 | 0.171 | -0.975 | -0.645 | -0.326 |
| α20 | -0.877 | 0.208 | -1.282 | -0.880 | -0.459 |
| α21 | -1.005 | 0.308 | -1.656 | -0.981 | -0.442 |
| α22 | -1.561 | 0.224 | -1.980 | -1.566 | -1.114 |
| α23 | -1.189 | 0.147 | -1.483 | -1.187 | -0.901 |
| α24 | -1.114 | 0.378 | -1.831 | -1.127 | -0.379 |
| α25 | -1.401 | 0.156 | -1.712 | -1.396 | -1.094 |
| δ1 (set to 0) | |||||
| δ2 | 0.0132 | 0.026 | -0.0380 | 0.0129 | 0.0645 |
| δ3 | -0.0156 | 0.027 | -0.0677 | -0.0156 | 0.0376 |
| δ4 | 0.0508 | 0.027 | -0.0009 | 0.0508 | 0.1034 |
| δ5 | 0.0929 | 0.027 | 0.0418 | 0.0926 | 0.1453 |
| δ6 | 0.0886 | 0.027 | 0.0365 | 0.0886 | 0.1408 |
| δ7 | 0.0632 | 0.027 | 0.0111 | 0.0631 | 0.1155 |
| δ8 | 0.0603 | 0.026 | 0.0089 | 0.0601 | 0.1123 |
| β1 | 0.00286 | 0.0018 | -0.00079 | 0.0029 | 0.00648 |
| β2 | 0.00723 | 0.0019 | 0.0035 | 0.00721 | 0.01103 |
| β3 | -0.00057 | 0.0014 | -0.00346 | -0.00057 | 0.00229 |
| β4 | -0.00004 | 0.0002 | -0.00050 | -0.00004 | 0.0004 |
| β5 | 0.00009 | 0.0002 | -0.00028 | -0.00010 | 0.00048 |
| β6 | -0.00015 | 0.0002 | -0.00045 | -0.00015 | 0.00014 |
| Ψ | 46.52 | 5.04 | 37.83 | 46.18 | 57.41 |
| 1/η | 0.0023 | 0.0002 | 0.0019 | 0.0023 | 0.0028 |