calc_logReturnPeriod_fevd {climextRemes}

Calculates log return period and standard error given return value(s) of interest

Description

Calculates log return period given return value(s) of interest, using model fit from extRemes::fevd. Standard error is obtained via the delta method. The return period is the average number of blocks expected to occur before the return value is exceeded and is equal to the inverse of the probability of exceeding the return value in a single block. For non-stationary models (those that include covariates for the location, scale, and/or shape parameters, log return periods and standard errors are returned for as many sets of covariates as provided.

Usage

calc_logReturnPeriod_fevd(fit, returnValue, covariates = NULL, upper = FALSE)

Arguments

fit

fitted object from extRemes fevd

returnValue

value(s) for which return period is desired

covariates

matrix of covariate values, each row a set of covariates for which the log return period is desired

upper

logical value indicating whether upper tail or lower tail is being considered

Details

Results are calculated (and returned) on log scale as delta-method based standard errors are more accurate for the log period. Confidence intervals on the return period scale should be calculated by calculating a confidence interval for the log return period and exponentiating the endpoints of the interval.