This function computes Hill (tail)-index estimate of a stationary time series.
Usage
hillestimator(path, k1 = NULL, plot = F)
Arguments
- path
(vector of univariate observations)
- k1
(vector of order statistics to compute Hill estimates).
It uses k1 = n*0.05 otherwise
- plot
(T or F if a plot should be shown).
Value
A data.frame of hill estimates as a function of k.
Examples
h <- hillestimator(rainfall$LANVEOC[rainfall$SEASON=='SPRING'], 1:200)
h <- hillestimator(rainfall$LANVEOC[rainfall$SEASON=='SPRING'], plot=T)
