BALD (version 1.0.0-3)

QQPlot: A generic function to plot a Q-Q plot for models in the BALD package.

Description

A generic function to plot a Q-Q plot for models in the BALD package.

Arguments

object

The object from which to plot the values.

Value

Mainly called for the side effect of plotting.

Details

This function plots sorted observed log incremental payments vs sorted predicted log incremental payments. Credible intervals are also plotted. See vignette('BALD').

See Also

QQPlot("AnnualAggLossDevModelOutput") triResi

Examples

# NOT RUN {
rm(list=ls())
options(device.ask.default=FALSE)
library(BALD)
data(IncrementalGeneralLiablityTriangle)
IncrementalGeneralLiablityTriangle <- as.matrix(IncrementalGeneralLiablityTriangle)
print(IncrementalGeneralLiablityTriangle)
data(PCE)
PCE <- as.matrix(PCE)[,1]
PCE.rate <- PCE[-1] / PCE[-length(PCE)] - 1
PCE.rate.length <- length(PCE.rate)
PCE.years <- as.integer(names(PCE.rate))
years.available <- PCE.years <= max(as.integer(
dimnames(IncrementalGeneralLiablityTriangle)[[1]]))
PCE.rate <- PCE.rate[years.available]
PCE.rate.length <- length(PCE.rate)
standard.model.input <- makeStandardAnnualInput(
incremental.payments = IncrementalGeneralLiablityTriangle,
stoch.inflation.weight = 1,
non.stoch.inflation.weight = 0,
stoch.inflation.rate = PCE.rate,
exp.year.type = 'ay',
extra.dev.years=5,
use.skew.t=TRUE)
# }
# NOT RUN {
standard.model.output <- runLossDevModel(
standard.model.input,
burnIn=30.0E+3,
sampleSize=30.0E+3,
thin=10)
QQPlot(standard.model.output)
# }