plot.summary.rqs

0th

Percentile

Visualizing sequences of quantile regression summaries

A sequence of coefficient estimates for quantile regressions with varying tau parameters is visualized along with associated confidence bands.

Keywords
hplot
Usage
# S3 method for summary.rqs
plot(x, parm = NULL, level = 0.9, ols = TRUE,
  mfrow = NULL, mar = NULL, ylim = NULL, main = NULL,
  col = gray(c(0, 0.75)), border = NULL, lcol = 2, lty = 1:2,
  cex = 0.5, pch = 20, type = "b", xlab = "", ylab = "", …)
Arguments
x

an object of class "summary.rqs" as produce by applying the summary method to a rq object (with a vector of tau values).

parm

a specification of which parameters are to be plotted, either a vector of numbers or a vector of names. By default, all parameters are considered.

level

Confidence level of bands. When using the rank based confidence intervals in summary, which is the default method for sample sizes under 1000, you will need to control the level of the intervals by passing the parameter alpha to summary.rq, prior to calling plot.summary.rqs. Note also that alpha = 1 - level.

ols

logical. Should a line for the OLS coefficient and their confidence bands (as estimated by lm) be added?

mfrow, mar, ylim, main

graphical parameters. Suitable defaults are chosen based on the coefficients to be visualized.

col

vector of color specification for rq coefficients and the associated confidence polygon.

border

color specification for the confidence polygon. By default, the second element of col is used.

lcol, lty

color and line type specification for OLS coefficients and their confidence bounds.

cex, pch, type, xlab, ylab, …

further graphical parameters passed to points.

Details

The plot method for "summary.rqs" objects visualizes the coefficients along with their confidence bands. The bands can be omitted by using the plot method for "rqs" objects directly.

Value

An array with all coefficients visualized (and associated confidence bands) is returned invisibly.

See Also

rq, plot.rqs

Aliases
  • plot.summary.rqs
Examples
# NOT RUN {
## fit Engel models (in levels) for tau = 0.1, ..., 0.9
data("engel")
fm <- rq(foodexp ~ income, data = engel, tau = 1:9/10)
sfm <- summary(fm)

## visualizations
plot(sfm)
plot(sfm, parm = 2, mar = c(5.1, 4.1, 2.1, 2.1), main = "", xlab = "tau", 
  ylab = "income coefficient", cex = 1, pch = 19)
# }
Documentation reproduced from package quantreg, version 5.54, License: GPL (>= 2)

Community examples

Looks like there are no examples yet.