Abstract
To help ensure important patterns of bias and accuracy are detected in Monte Carlo studies in statistics this paper proposes conditioning bias and root mean square error (RMSE) measures on estimated Type I and Type II error rates. A small Monte Carlo study is used to illustrate this argument.
Original language | English (US) |
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Article number | eP2938 |
Journal | Journal of Modern Applied Statistical Methods |
Volume | 17 |
Issue number | 2 |
DOIs | |
State | Published - 2018 |
Bibliographical note
Publisher Copyright:© 2018 Wayne State University.
Keywords
- Analysis of outcomes
- Bias
- Monte Carlo
- RMSE