Mean_Excess_Plot: Mean excess plot - GPD threshold selection
In rjaneUCF/MultiHazard-R-Package: Tools for modeling compound events

Description Usage Arguments Value See Also Examples

The empirical mean excess function is linear in the case of a GPD.

1	Mean_Excess_Plot(Data)

data

A vector comprising a declustered and if necessary detrended time series to be modelled.

Plot of the empirical mean excess function (black line), average of all observations exceeding a threshold decreased by the threshold, for thresholds spanning the range of the observations. Also provided are 95% confidence intervals (blue dotted lines) and the observations (black dots).

Decluster Detrend