qSlicedGammaPareto: The inverse cumulative density function of a Sliced Gamma...

In NetSimR: Actuarial Functions for Non-Life Insurance Modelling

The inverse cumulative density function of a Sliced Gamma Pareto severity distribution

Description

The inverse cumulative density function of a Sliced Gamma Pareto severity distribution

Usage

qSlicedGammaPareto(q, GShape, GRate, SlicePoint, PShape)

Arguments

q	A real number between 0 and 1 - the probability where the inverse cumulative density function will be evaluated.
GShape	A positive real number - the shape parameter of the attritional Claim Severity's Gamma distribution.
GRate	A positive real number - the rate parameter of the attritional Claim Severity's Gamma distribution.
SlicePoint	A positive real number - the slice point and the scale parameter of the tail Claim Severity's Pareto distribution.
PShape	A positive real number - the shape parameter of the tail Claim Severity's Pareto distribution.

Value

The value of the inverse cumulative density function at q with an attritional claim Gamma distribution with parameters GShape and GRate and a large claim Pareto distribution with parameters SlicePoint and PShape.

Examples

qSlicedGammaPareto(0.5,1,0.0005,1000,1.2)
qSlicedGammaPareto(0.2,1.1,0.0006,2000,1.6)
qSlicedGammaPareto(0.8,1.2,0.0004,3000,1.4)

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