summary.ELT: Summary statistics for class ELT.

In igollini/tailloss: Estimate the Probability in the Upper Tail of the Aggregate Loss Distribution

Description

Summary statistics for class ELT.

Usage

## S3 method for class 'ELT'
summary(object, theta = 0, cap = Inf, t = 1, ...)

Arguments

object	An object of class ELT. Data frame containing two numeric columns. The column Loss contains the expected losses from each single occurrence of event. The column Rate contains the arrival rates of a single occurrence of event.
theta	Scalar containing information about the variance of the Gamma distribution: sd[X] = x * theta. The default value is theta = 0: the loss associated to an event is considered as a constant.
cap	Scalar representing the financial cap on losses for a single event, i.e. the maximum possible loss caused by a single event. The default value is cap = Inf.
t	Scalar representing the time period of interest. The default value is t = 1.
...	additional arguments affecting the summary produced.

Value

A list containing the data summary, and the means and the standard deviations of N, Y, and S.

Examples

data(UShurricane)
summary(ELT(UShurricane))

igollini/tailloss documentation built on May 18, 2019, 3:40 a.m.