This function updates parameters of the model estimated via
msel function.
update_msel(object, par)This function returns an object object of class 'msel'
in which object$par is substituted with par. Also, par
is used to update the estimates i.e., object$coef, object$cuts
and others.
an object of class 'msel'.
a vector of parameters which substitutes object$par and
used to update the estimates i.e., object$coef, object$cuts and
others.
It may be useful to apply this function to the bootstrap
estimates of bootstrap_msel.