bootstrap-package {bootstrap}R Documentation

What the package does: This package will contain functions for two stage bootstrap simulation and loss triangle manipulations

Description

This package will contain functions for two stage bootstrap simulation and loss triangle manipulations. The detail bootstraping theory can be found in "Analytic and bootstrap estimates of prediction errors in claims reserving" from Peter England and Richard Verrall. The package also contains loss reserve triangle manupulations, that can help Actuaries play with loss reserving.

Details

Package: bootstrap
Type: Package
Version: 1.0
Date: 2009-12-03
License: Free license, for your research or work
LazyLoad: yes
~~ An overview of how to use the package, including the most important functions ~~

Author(s)

Hai You (http://www.goouon.com)

Hai You (http://www.goouon.com)

References

"Analytic and bootstrap estimates of prediction errors in claims reserving" from Peter England and Richard Verrall

See Also

~~ Optional links to other man pages, e.g. ~~ ~~ <pkg> ~~

Examples

To use the package, here are simple steps.
1. prepare a paid loss triangle and save it in a .csv file, so that the R can read it

2. run function bootstrap.load(), to load the triangle from the file dialog

3. run function bootstrap.start(round=1000, percentile=TRUE) to start the simulation

Results are presented either by a percentile format (if percentile=TRUE), or a matrix of reserves (percentile=FALSE)

[Package bootstrap version 1.0-1 Index]