I fitted the Generalized Pareto distribution (GPD) using the
POT package in
The fitted object provides shape and scale parameters, but not the location parameter. I need it to evaluate the quantile function with
qgpd(p, loc = 0, scale = 1, shape = 0, lower.tail = TRUE, lambda = 0).
I am sure this is very basic question (maybe it is mean value, but from which values - all, or only that which are bigger than threshold?) but I am begginer in this area and help is highly appreciated.