GammaCappedMean | R Documentation |
Gamma capped mean
GammaCappedMean(cap, shape, rate)
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. |
The mean of the claim severity capped at cap
with a Gamma distribution with parameters shape
and rate
.
GammaCappedMean(700,1,0.0005)
GammaCappedMean(1000,1.5,0.0006)
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