View source: R/CredibleInterval.R
credible_interval | R Documentation |
Computes the shortest credible interval for a single parameter.
credible_interval(data, level = 0.95, round_to = 0)
data |
Numeric vector containing the output of the MCMC algorithm for the parameter. |
level |
Probability corresponding to the level of confidence used for the credible interval, default = 0.95. |
round_to |
Integer indicating the number of decimal places to be used, default = 0. |
A (100 * level)\ that keeps N * (1 - level) elements of the sample outside the interval. The (100 * level)\ of those intervals.
A list with the following components:
Named vector of length 2, with inf
the
lower endpoint of the shortest credible interval as a calendar
year; and sup
the upper endpoint of the shortest credible
interval as a calendar year;
Confidence level for the credible intervals; and
Function call.
data(Events); attach(Events) credible_interval(Event.1) credible_interval(Event.12, 0.50)
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