mu_max_trunc_bvn: Calculates the expected value of the maximum of two random...

In predtools: Prediction Model Tools

Calculates the expected value of the maximum of two random variables with zero-truncated bivariate normal distribution Takes a vector of mean and a 2X2 covariance matrix

Description

Calculates the expected value of the maximum of two random variables with zero-truncated bivariate normal distribution Takes a vector of mean and a 2X2 covariance matrix

Usage

mu_max_trunc_bvn(
  mu1,
  mu2,
  sigma1,
  sigma2,
  rho,
  precision = .Machine$double.eps
)

Arguments

mu1	Mean of the first distribution
mu2	Mean of the second distribution
sigma1	SD of the first distribution
sigma2	SD of the second distribution
rho	Correlation coefficient of the two random variables
precision	Numerical precision value

Value

A scalar value for the expected value

predtools documentation built on June 7, 2023, 5:58 p.m.