GammaCappedMean: Gamma capped mean

View source: R/Gamma.R

GammaCappedMeanR Documentation

Gamma capped mean

Description

Gamma capped mean

Usage

GammaCappedMean(cap, shape, rate)

Arguments

cap

A positive real number - the claim severity cap.

shape

A positive real number - the shape parameter of the Claim Severity's Gamma distribution.

rate

A positive real number - the rate parameter of the Claim Severity's Gamma distribution.

Value

The mean of the claim severity capped at cap with a Gamma distribution with parameters shape and rate.

Examples

GammaCappedMean(700,1,0.0005)
GammaCappedMean(1000,1.5,0.0006)

NetSimR documentation built on Oct. 25, 2023, 1:08 a.m.