moment {AnnuityRIR}

Compute the exact moments of a distribution.

Description

Compute the exact moments of a distribution.

Usage

moment(x,order,central, absolute, na.rm)

Arguments

x

A vector X of interest rates.

order

The order of moment that should be computed. Default is 1.

central

If central moments are to be computed. Default is "FALSE".

absolute

If absolute moments are to be computed. Default is "FALSE".

na.rm

If missing values should be removed. Default is "FALSE".

Author(s)

Salvador Cruz Rambaud, Fabrizio Maturo, Ana María Sánchez Pérez

Source

Cruz Rambaud, S.; Maturo, F. and Sánchez Pérez A. M. (2015): “Approach of the value of an annuity when non-central moments of the capitalization factor are known: an R application with interest rates following normal and beta distributions”. Ratio Mathematica, 28(1), pp. 15-30. doi: 10.23755/rm.v28i1.25.

Examples

#example 1
data=c(1.77,1.85,1.85,1.84,1.84,1.83,1.85,1.85,1.88,1.85,1.80,1.84,1.91,1.85,1.84,1.85,
1.86,1.85,1.88,1.86)
moment(data,3)