Calculates absolute bias, variance, mean squared error (mse) and root mean squared error (rmse). The function also calculates the associated Monte Carlo standard errors.
Usage
calc_absolute(
res_dat,
estimates,
true_param,
perfm_criteria = c("bias", "variance", "mse", "rmse")
)
Arguments
- res_dat
data frame or tibble containing the simulation results.
- estimates
name of the column containing the estimates.
- true_param
name of the column containing the true parameters.
- perfm_criteria
character or character vector indicating the performance criteria to be calculated.