Hi Jerome,
Just wanted to enquire if there is a way to get UCL 95 from Expostats, currently use IHstats but prefer Expostats if this is available. I have found a previous article but could still not locate where the UCL was in any of the tools when assessing the data.
Thanks
Adrian
Hello Adrian,
Thanks for your interest in Expostats !
You can get UCL95 in expostats with all tools and the three parameters calculated ( 95th percentile, exceedance fraction and arithmetic mean).
In tool1 express, also called “simplified version (Tool1 Express (Tool1 Simplified))”. The “parameter estimate” tab will show all estimates along with a 90% credible/confidence interval. This means that the upper limit of these intervals is a 95% UCL.
For example with the default data example, the UCL95% on the 95th percentile is 1250
In the full version of Tool1, as in Tool2 and Tool3, you have more choice : you actually select the level of confidence in the input side of the tool (box called Credible interval probability). If you select 90 in this box, you’ll be shown a 90% confidence intervall, of which the upper value is the 95%UCL.
If ever you were interested in 70% UCLs, you would need to select 40% in that box.
Hope this helps
Best regards
Jérôme