ismev: mrl.plot – R documentation

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mrl.plot

Mean Residual Life Plot

Description

An empirical mean residual life plot, including confidence intervals, is produced. The mean residual life plot aids the selection of a threshold for the GPD or point process models.

Usage

mrl.plot(data, umin = min(data), umax = max(data) - 0.1,
    conf = 0.95, nint = 100)

Arguments

`data`	A numeric vector of data to be fitted.
`umin, umax`	The minimum and maximum thresholds at which the mean residual life function is calculated.
`conf`	The confidence coefficient for the confidence intervals depicted in the plot.
`nint`	The number of points at which the mean residual life function is calculated.

Examples

data(rain)
mrl.plot(rain)

ismev

An Introduction to Statistical Modeling of Extreme Values

v1.42

GPL (>= 2)

Authors

Original S functions written by Janet E. Heffernan with R port and R documentation provided by Alec G. Stephenson.

Initial release

2018-05-08