mrl.plot: Mean Residual Life Plot

In ismev: An Introduction to Statistical Modeling of Extreme Values

Description

An empirical mean residual life plot, including confidence intervals, is produced. The mean residual life plot aids the selection of a threshold for the GPD or point process models.

Usage

mrl.plot(data, umin = min(data), umax = max(data) - 0.1,
    conf = 0.95, nint = 100)

Arguments

data	A numeric vector of data to be fitted.
umin, umax	The minimum and maximum thresholds at which the mean residual life function is calculated.
conf	The confidence coefficient for the confidence intervals depicted in the plot.
nint	The number of points at which the mean residual life function is calculated.

See Also

gpd.fit, gpd.fitrange, pp.fit

Examples

data(rain)
mrl.plot(rain)

Example output

Loading required package: mgcv
Loading required package: nlme
This is mgcv 1.8-17. For overview type 'help("mgcv-package")'.

ismev documentation built on May 1, 2019, 9:10 p.m.