lordif (version 0.1-2)

getcutoff: determines a cutoff threshold

Description

Determines cutoff thresholds for statistics generated from Monte Carlo simulations

Usage

getcutoff(stat, alpha, reverse)

Arguments

stat

a vector containing statistics sampled from a Monte Carlo simulation

alpha

a value determining the proportion to be cut off from the bottom (or top) of stat

reverse

if TRUE it cuts off the right tail

Value

• returns a scalar that cuts off the designated proportion (specified by alpha)

Details

if reversed is TRUE it cuts off the right tail (i.e., largest values)

See Also

montecarlo

Examples

#top 1 percent
getcutoff(runif(1000),0.01,TRUE)
#bottom 1 percent
getcutoff(runif(1000),0.01,FALSE)