LNormCappedMean {NetSimR}

Lognormal capped mean

Description

Lognormal capped mean

Usage

LNormCappedMean(cap, mu, sigma)

Arguments

cap

A positive real number - the claim severity cap.

mu

A real number - the first parameter of the Claim Severity's LogNormal distribution.

sigma

A positive real number - the second parameter of the Claim Severity's LogNormal distribution.

Value

The mean of the claim severity capped at cap with a LogNormal distribution with parameters mu and sigma.

Examples

LNormCappedMean(2000,6,1.5)
LNormCappedMean(1000,5,1.6)