gompertzParameters,AnnualAggLossDevModelOutputWithZeros-method {BALD} | R Documentation |
A method to plot and/or return the posterior of the parameters for the gompertz curve which describes the probability of payment.
object |
The object from which to plot and/or return the parameters. |
parameter |
A character describing which parameter to plot. “scale” for the scale parameter. “fifty.fifty” for the point at which the gompertz give a probably of fifty percent. |
plotDensity |
A logical value. If |
plotTrace |
A logical value. If |
The scale parameter describes how steep the curve is. Larger values are steeper. Positive values indicate that the probability of a positive payment should decrease with development time. (The scale is restricted to be positive.)
The fifty.fifty parameter gives the point (in development time) when the gompertz curve gives a probability of fifty percent.
Mainly called for the side effect of plotting.