Extreme outcomes appear in many different situations and are important within, for instance, insurance, finance, etc. This course offers an introduction to basic concepts about extreme value theory ...
The average or expected value of the periods between exceedances of a given rainfall total accumulated over a given duration. It is implicit in this definition that the periods between exceedances are ...
The following code estimates the extremal index using the semiparametric maxima estimators, for an example dataset containing a time series of sea surges measured at Newlyn, Cornwall, UK over the ...
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