Research Article

A New Useful Exponential Model with Applications to Quality Control and Actuarial Data

Table 6

Biases, MSEs, CPs, and AWs for different scenarios.

Scenario IScenario IIScenario III
nnn

Biases
250.2820.0500.152250.0060.0630.176250.1620.0670.375
500.0980.0280.105500.0020.0380.112500.0380.0480.289
1000.0460.0150.0501000.0100.0170.042100āˆ’0.0070.0310.196
5000.0280.0050.0095000.0010.000-0.0095000.0080.0070.043
MSE
251.3980.0100.162250.0070.0230.198250.6690.0090.258
500.5840.0050.122500.0040.0120.145500.2040.0050.169
1000.2620.0020.0731000.0010.0060.0941000.0010.0060.094
5000.0550.0010.0215000.0000.0010.0295000.0000.0010.029
CPs
250.9680.9550.982250.9720.9630.959250.9570.9380.930
500.9650.9600.980500.9760.9570.971500.9250.9270.904
1000.9550.9530.9691000.9400.9540.9721000.9280.9270.903
5000.9300.9450.9505000.9400.9480.9645000.8810.9650.945
AWs
255.0010.3962.461250.4050.6272.721253.1580.3162.375
503.1230.2761.782500.2790.4552.047501.8730.2221.751
1002.0780.1961.2761000.0820.3271.4851001.1700.1541.271
5000.8870.0880.5735000.0820.1490.6715000.4430.0670.607