RESTK (version 1.0.1)

compute_maxk: Compute the maximum k for a given sample

Description

compute_maxk returns the estimated quantiles for the chosen probabilities from the input sample. This method uses the sample quantile method number 8 from the default quantile function.

Usage

compute_maxk(samp = NULL, probs = NULL, quants = NULL, k_range = c(1, 120))

Value

Returns estimated maxk for the sample and quantiles given.

Arguments

samp

Sample of data to model

probs

Probabilities of interest to generate the max_k line

quants

Estimated quantiles of interest to generate the max_k line

k_range

Range of k values for the optimization function

Examples

samp <- rnorm(1e3, mean = 100, sd = 10)
probs <- c(1-1e-1, 1-0.5e-1, 1-1e-2)
quants <- c(100, 125, 150)
estimated_max_k <- compute_maxk(samp = samp, probs = probs, quants = quants, k_range = c(1,100))