Given a set of subject matter expert estimates for the 5th and 95th quantiles of impact and frequency of contact for events, calculate the distribution parameters for TEF and LM. Use a truncated lognormal distribution for LM (losses cannot be infinite in size) and for the TEF.
fit_scenarios(responses, maximum_impact = Inf, maximum_impact_factor = 10, maximum_frequency_factor = 10)
The absolute maximum potential impact of any single loss event.
Maximum impact factor - scaling factor of a SME's 95 percent maximum loss to limit the impact of any single event.
Maximum frequency factor - scaling factor at which to limit frequency of events.
Other distribution fitting functions: