ILFPareto | R Documentation |
Increased Limit Factor Curve from a Pareto severity distribution
ILFPareto(xLow, xHigh, scale, shape)
xLow |
A positive real number - the claim amount where the Increased Limit Factor Curve will be evaluated from. |
xHigh |
A positive real number - the claim amount where the Increased Limit Factor Curve will be evaluated to. |
scale |
A positive real number - the scale parameter of the Claim Severity's Pareto distribution. |
shape |
A positive real number - the shape parameter of the Claim Severity's Pareto distribution. |
The value of the Increased Limit Factor curve from xLow
to xHigh
with Claim Severity from a Pareto distribution with parameters scale
and shape
.
ILFPareto(700,1200,500,1.2)
ILFPareto(1200,20000,200,1.1)
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