prob_to_prob: Convert a probability to a probability with a different...

View source: R/rate_conversion.R

prob_to_probR Documentation

Convert a probability to a probability with a different frequency

Description

rate_to_prob convert a probability to a probability with a different frequency.

Usage

prob_to_prob(p, t = 1)

Arguments

p

probability

t

time/ frequency

Value

a scalar or vector of probabilities converted to a different frequency

Examples

# Annual probability to monthly probability
p_year  <- 0.3
p_month <- prob_to_prob(p = p_year, t = 1/12)
p_month

DARTH-git/darthtools documentation built on April 3, 2025, 2:12 p.m.