Fit a PML curve — fit_pml_curve • prospicio

The model through the points of a PML curve: amounts[j] is exceeded once in return_periods[j] years.

Usage

fit_pml_curve(return_periods, amounts, tail_alpha = 2, truncation = NULL)

Arguments

return_periods: Numeric vector.
amounts: Numeric vector, one per return period.
tail_alpha: Alpha above the largest amount.
truncation: Truncation of the last piece, or NULL.

Value

Examples

m <- fit_pml_curve(c(10, 40, 100), c(1e6, 2e6, 3e6))
excess_frequency(m, 2e6)
#> [1] 0.025