get_Beta_parameters: Estimating Beta Parameters

In SynthETIC: Synthetic Experience Tracking Insurance Claims

Estimating Beta Parameters

Description

Returns the Beta parameters given the mean and the CoV of the target Beta distribution.

Usage

get_Beta_parameters(target_mean, target_cv)

Arguments

target_mean	mean of the target Beta distribution (between 0 and 1).
target_cv	CoV of the target Beta distribution.

Examples

get_Beta_parameters(target_mean = 0.5, target_cv = 0.20)
get_Beta_parameters(target_mean = 0.5,
                    target_cv = c(0.10, 0.20, 0.30))

SynthETIC documentation built on Sept. 3, 2023, 5:06 p.m.