Research Article

A Fast and Efficient Estimation of the Parameters of a Model of Accident Frequencies via an MM Algorithm

Table 3

Results for Scenario 3 ( and ). Values in brackets are standard deviations.

MMSqS3NRBFGS

Convergence proportion (%)10010099.728
Iterations30.2 (3.9)7.9 (0.7)8.6 (2.5)14 (0.2)
CPU time (secs)0.0090.0040.0430.426
Time ratio1.000.504.9048.60
Log-likelihood-831.26-831.26-831.27-831.07
MSE

Convergence proportion (%)10010099.630.9
Iterations39.5 (3.6)9.2 (0.8)8.8 (2.3)16 (6.4)
CPU time (secs)0.0120.0050.0450.669
Time ratio1.000.413.7055.22
Log-likelihood-84027.58-84027.58-84027.15-88978.38
MSE