setParas-methods: Set the values of model parameters.

In cascsim: Casualty Actuarial Society Individual Claim Simulator

Description

setParas<- sets model parameters. Their order must match the order of c("Intercept","DevelopmentYear","IncurredLoss","OSRatio",xname,"Volatility"). "Volatility" stands for the volatility of the error term in the model and used to simulate IBNER development factors. The parameter vector is only used when ibnerfModel == TRUE.

Usage

setParas(this, ...) <- value

## S4 replacement method for signature 'DevFac,vector'
setParas(this) <- value

Arguments

this	DevFac Object
...	Additional function arguments
value	Numeric Vector

Examples

xIBNERFactor <- new("DevFac")
setID(xIBNERFactor)<-"IF1"
setFacModel(xIBNERFactor)<-TRUE
setFun(xIBNERFactor)<-"identity"
setXname(xIBNERFactor)<- c("x1","x2","x3")
setParas(xIBNERFactor)<-c(0.6,-0.2,0.01,-0.3,0.02,0.03,0.01,0.02)
xIBNERFactor<-setDevFac(xIBNERFactor)
xIBNERFactor

cascsim documentation built on Jan. 13, 2020, 5:07 p.m.