The same way you interpret densities less than one?
On Jan 20, 2011, at 2:28 PM, Paul Ramer wrote:


How does one then interpret kernel density distributions with values greater
than one?

The same way you interpret densities less than one?

density != probability


My output from the density function.
---
density(delt.m[[1]][,6], na.rm=TRUE)

Call:
        density.default(x = delt.m[[1]][, 6], na.rm = TRUE)

Data: delt.m[[1]][, 6] (171 obs.);      Bandwidth 'bw' = 0.004501

      x                  y
Min.   :-0.05211   Min.   : 0.00586
1st Qu.:-0.02177   1st Qu.: 0.43632
Median : 0.00856   Median : 3.08833
Mean   : 0.00856   Mean   : 8.23366
3rd Qu.: 0.03889   3rd Qu.:14.97542
Max.   : 0.06923   Max.   :30.04107

--

David Winsemius, MD
West Hartford, CT

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