J. R. Statist. Soc. B (1994)
56, No.2, pp. 313-326
Empirical Saddlepoint Approximations for Multivariate M-estimators
By ELVEZIO RONCHETTI
University of Geneva, Switzerland
and A. H. WELSHt
Australian National University, Canberra, Australia
[Received October 1991. Revised November 1992)
SUMMARY
In this paper. we investigate the use of the empirical distribution function in place of the
underlying distribution function F to construct an empirical saddlepoint approximation
to the density In of a general multivariate M-estimator. We obtain an explicit form for
the error term in the approximation, investigate the effect of renormalizing the estimator,
carry out some numerical comparisons and discuss the regression problem.
Keywords: BOOTSTRAP; EMPIRICAL DISTRIBUTION FUNCTION; REGRESSION PROBLEM;
RENORMALIZATION; SMALL SAMPLE ASYMPTOTIC APPROXIMATION
1. INTRODUCTION
The sampling distribution of a statistic is a basic tool for evaluating the properties
of the statistic and for constructing inference procedures based on the statistic. The
density of the sampling distribution may be used to compute moments, to develop
approximations or to compute the distribution function and hence various tail prob-
abilities which can be used to construct tests or confidence intervals. When the exact
density is intractable, it may be possible to approximate it by a normal density, an
Edgeworth expansion or a saddlepoint approximation (Daniels, 1954). The saddle-
point approximation is derived from an asymptotic expansion but is often very
accurate even in quite small samples. To highlight this property, Hampel (1973)
described these and related techniques as small sample asymptotic approximations.
As can be seen from equation (3) later, the main property of this approximation
and its major advantage over Edgeworth expansions is that it is always non-negative
and the relative error is uniformly of order n -1. For recent reviews see Reid
(1988), Barndorff-Nielsen and Cox (1989) and Field and Ronchetti (1990). The
construction of these approximations typically requires knowledge of the underlying
distribution. However, just as we can estimate the variance of a normal approxima-
tion or estimate the terms in an Edgeworth expansion, we can estimate the saddle-
point approximation. In this paper, we examine the properties of an estimate of
the saddlepoint approximation.
Our investigation is motivated by three considerations. Firstly, the estimated
approximation may be useful for comparing various estimators on a given data set.
If the sampling distribution is non-normal, at least in principle, we need to compare
the whole distribution and comparisons based on the estimated asymptotic variance
alone may be misleading. Secondly, the estimated approximation may be useful for
evaluating the quality of simpler approximations including the normal approxima-
tion. Finally, it may be useful for developing inference procedures. Methods like
tAddressfor correspondence: Department of Statistics, Australian National University, GPO Box 4, Canberra,
ACT 2601, Australia.
© 1994 Royal Statistical Society 0035-9246/94/56313