English

Big Outliers Versus Heavy Tails: what to use?

Statistics Theory 2016-11-17 v1 Statistics Theory

Abstract

A possibility to give strong mathematical definitions of outliers and heavy tailed distributions or their modification is discussed. Some alternatives for the notion of tail index are proposed. Key words: outliers, heavy tails, tail index.

Keywords

Cite

@article{arxiv.1611.05410,
  title  = {Big Outliers Versus Heavy Tails: what to use?},
  author = {Lev B. Klebanov},
  journal= {arXiv preprint arXiv:1611.05410},
  year   = {2016}
}