plot method for an objects of class c("retlev", "lax").

# S3 method for retlev
plot(x, y = NULL, level = NULL, legend = TRUE, digits = 3, plot = TRUE, ...)

Arguments

x

an object of class c("retlev", "lax"), a result of a call to return_level, using prof = TRUE.

y

Not used.

level

A numeric scalar in (0, 1). The confidence level required for the confidence interval for the m-year return level. If level is not supplied then x$level is used. level must be no larger than x$level.

legend

A logical scalar. Should we add a legend (in the top right of the plot) that gives the approximate values of the MLE and 100level% confidence limits?

digits

An integer. Passed to signif to round the values in the legend.

plot

A logical scalar. If TRUE then the plot is produced. Otherwise, it is not, but the MLE and confidence limits are returned.

...

Further arguments to be passed to plot.

Value

A numeric vector of length 3 containing the lower 100level% confidence limit, the MLE and the upper 100level% confidence limit.

Details

Plots the profile loglikelihood for a return level, provided that x returned by a call to return_level using prof = TRUE. Horizontal lines indicate the values of the maximised loglikelihood and the critical level used to calculate the confidence limits. If level is smaller than x$level then approximate 100level% confidence limits are recalculated based on the information contained in x$for_plot.

Examples

See the examples in return_level.

See also

return_level to perform inferences about return levels.