Compute the relative absolute bias of multiple estimators
Computes the relative absolute bias given the bias estimates for multiple estimators.
RAB(x, percent = FALSE, unname = FALSE)
returns a vector
of absolute bias ratios indicating the relative bias
effects compared to the first estimator. Values less than 1 indicate better bias estimates
than the first estimator, while values greater than 1 indicate worse bias than the first estimator
Phil Chalmers rphilip.chalmers@gmail.com
Chalmers, R. P., & Adkins, M. C. (2020). Writing Effective and Reliable Monte Carlo Simulations
with the SimDesign Package. The Quantitative Methods for Psychology, 16
(4), 248-280.
doi: 10.20982/tqmp.16.4.p248
Sigal, M. J., & Chalmers, R. P. (2016). Play it again: Teaching statistics with Monte
Carlo simulation. Journal of Statistics Education, 24
(3), 136-156.
doi: 10.1080/10691898.2016.1246953
pop <- 1 samp1 <- rnorm(5000, 1) bias1 <- bias(samp1, pop) samp2 <- rnorm(5000, 1) bias2 <- bias(samp2, pop) RAB(c(bias1, bias2)) RAB(c(bias1, bias2), percent = TRUE) # as a percentage
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