ParetoCappedMean: Pareto capped mean
In NetSimR: Actuarial Functions for Non-Life Insurance Modelling
ParetoCappedMean R Documentation
Pareto capped mean
Description
Pareto capped mean
Usage
ParetoCappedMean(cap, scale, shape)
Arguments
cap
A positive real number - the claim severity cap.
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.
Value
The mean of the claim severity capped at cap with a Pareto distribution with parameters scale and shape.
Examples
ParetoCappedMean(600,200,1.2)
ParetoCappedMean(800,100,1)
ParetoCappedMean(1000,500,0.8)
NetSimR documentation built on Oct. 25, 2023, 1:08 a.m.
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| ParetoCappedMean | R Documentation |
Pareto capped mean
Description
Pareto capped mean
Usage
ParetoCappedMean(cap, scale, shape)
Arguments
cap |
A positive real number - the claim severity cap. |
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. |
Value
The mean of the claim severity capped at cap with a Pareto distribution with parameters scale and shape.
Examples
ParetoCappedMean(600,200,1.2)
ParetoCappedMean(800,100,1)
ParetoCappedMean(1000,500,0.8)
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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