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