Bounds extreme values to a specified tolerance level, for use with sensitive
quantities that must be transformed, e.g., via qlogis
.
bound_precision(vals, tol = 1e-06)
A numeric
vector of values in the interval [0, 1].
A numeric
indicating the tolerance limit to which extreme
values should be truncated. Realizations of val
less than tol
are truncated to tol
while those greater than (1 - tol
) are
truncated to (1 - tol
).