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Topic: Value distribution theory


In the News (Fri 17 Feb 12)

  
  Extreme value theory - Wikipedia, the free encyclopedia
Extreme value theory is a branch of statistics dealing with the extreme deviations from the median of probability distributions.
Extreme value distributions are the limiting distributions for the minimum or the maximum of a very large collection of random observations from the same arbitrary distribution.
The field of extreme value theory was founded by the German mathematician, pacifist, and anti-Nazi campaigner Emil Julius Gumbel who described the Gumbel distribution in the 1950s.
en.wikipedia.org /wiki/Extreme_value_theory   (463 words)

  
 Expected value: expected monetary value, expected value perfect information, expected value theory   (Site not responding. Last check: 2007-11-03)
In probability theory (and especially gambling), the expected value (or mathematical expectation) of a random variable is the sum of the probability of each possible outcome of the experiment multiplied by its payoff ("value").
To empirically estimate the expected value of a random variable, one repeatedly measures observations of the variable and computes the arithmetic mean of the results.
This estimates the true expected value in an unbiased manner and has the property of minimizing the sum of the squares of the residuals (the sum of the squared differences between the observations and the estimate).
wikipedia.pavelreich.com /wiki/Expected_value   (882 words)

  
 Extreme value theory
Extreme value theory is a branch of statistics dealing with the extreme deviations from the median of probability distribution s.
Two approaches exist today: # Most common at this moment is the tail-fitting approach based on the second theorem in extreme value theory (Theorem II Pickands (1975), Balkema and de Haan (1974)).
Extreme value theory is important for assessing risk for highly unusual events, such as 100-year flood s.
www.nebulasearch.com /encyclopedia/article/Extreme_value_theory.html   (341 words)

  
 Extreme value theory Info - Bored Net - Boredom   (Site not responding. Last check: 2007-11-03)
Extreme value theory Info - Bored Net - Boredom
Extreme value theory is a branch of statistics dealing with the extreme deviations from the mean of probability distributions.
The Extreme Value Approach to VaR — An Introduction
www.borednet.com /e/n/encyclopedia/e/ex/extreme_value_theory.html   (92 words)

  
 Learn more about Extreme value theory in the online encyclopedia.   (Site not responding. Last check: 2007-11-03)
Learn more about Extreme value theory in the online encyclopedia.
You are here: Online Encyclopedia > Extreme value theory
Hint: Play with putting spaces before and after your words to see the different results you get.
www.onlineencyclopedia.org /e/ex/extreme_value_theory.html   (174 words)

  
 Extreme value theory - Questionz.net , answers to all your questions   (Site not responding. Last check: 2007-11-03)
Extreme value theory - Questionz.net, answers to all your questions
Applications of extreme value theory: * predicting extreme floods * predicting the amounts of large insurance losses * predicting equity risks History of extreme value theory Founded by the German mathematician, pacifist, and anti-Nazi campaigner Emil Julius Gumbel who described the Gumbel distribution in the 1950s.
Internet, History of the Internet, Personal computer, Apple Macintosh, DVD, Film, Video Games
www.questionz.net /Statistics/Extreme_value_theory.html   (201 words)

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