Table 2 Bias and RMSE of ELCM estimator... | Emerald Publishing

Table 2

Bias and RMSE of ELCM estimator of two-parameter transformed gumbel copula

n	τ = 0.01				τ = 0.5				τ = 0.8				CPU
	α = 0.1		β = 1.059		α = 0.5		β = 1.6		α = 0.9		β = 3.45
	Bias	RMSE	Bias	RMSE	Bias	RMSE	Bias	RMSE	Bias	RMSE	Bias	RMSE
50	0.047	0.103	0.024	0.138	0.033	0.118	0.012	0.213	0.036	0.113	0.073	0.349	1.462 hours
100	0.023	0.088	0.022	0.100	0.019	0.057	0.009	0.126	0.021	0.071	0.014	0.294	3.025 hours
200	0.009	0.079	0.011	0.057	0.007	0.046	0.008	0.097	0.004	0.064	0.026	0.105	4.710 hours
500	0.003	0.035	0.009	0.040	0.001	0.029	0.003	0.092	0.002	0.018	0.007	0.112	7.221 hours

n	τ = 0.01				τ = 0.5				τ = 0.8				CPU
	α = 0.1		β = 1.059		α = 0.5		β = 1.6		α = 0.9		β = 3.45
	Bias	RMSE	Bias	RMSE	Bias	RMSE	Bias	RMSE	Bias	RMSE	Bias	RMSE
50	0.047	0.103	0.024	0.138	0.033	0.118	0.012	0.213	0.036	0.113	0.073	0.349	1.462 hours
100	0.023	0.088	0.022	0.100	0.019	0.057	0.009	0.126	0.021	0.071	0.014	0.294	3.025 hours
200	0.009	0.079	0.011	0.057	0.007	0.046	0.008	0.097	0.004	0.064	0.026	0.105	4.710 hours
500	0.003	0.035	0.009	0.040	0.001	0.029	0.003	0.092	0.002	0.018	0.007	0.112	7.221 hours