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Related papers: Tails and probabilities for extreme outliers

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Skew-elliptical distributions constitute a large class of multivariate distributions that account for both skewness and a variety of tail properties. This class has simpler representations in terms of densities rather than cumulative…

Probability · Mathematics 2019-01-21 Harry Joe , Haijun Li

Heavy-tailed phenomena appear across diverse domains --from wealth and firm sizes in economics to network traffic, biological systems, and physical processes-- characterized by the disproportionate influence of extreme values. These…

Statistics Theory · Mathematics 2025-11-10 Hamidreza Maleki Almani

We consider the tail distribution of the edge cover time of a specific non-Markov process, $\delta$ once-reinforced random walk, on finite connected graphs, whose transition probability is proportional to weights of edges. Here the weights…

Probability · Mathematics 2025-05-09 Xiangyu Huang , Yong Liu , Kainan Xiang

Estimating the location and scale parameters is common in statistics, using, for instance, the well-known sample mean and standard deviation. However, inference can be contaminated by the presence of outliers if modeling is done with…

Statistics Theory · Mathematics 2015-07-31 Alain Desgagné

The Weibull tail-coefficient (WTC) plays a crucial role in extreme value statistics when dealing with Weibull-type tails. Several distributions, such as normal, Gamma, Weibull, and Logistic distributions, exhibit this type of tail…

Statistics Theory · Mathematics 2024-02-08 Lígia Henriques-Rodrigues , Frederico Caeiro , M. Ivette Gomes

This work proves new probability bounds relating to the height, width, and size of Galton-Watson trees. For example, if $T$ is any Galton-Watson tree, and $H$, $W$, and $|T|$ are the height, width, and size of $T$, respectively, then $H/W$…

Probability · Mathematics 2017-04-03 Louigi Addario-Berry

This note investigates the problem of detecting outliers in longitudinal data. It compares well-known methods used in official statistics with proposals from the fields of data mining and machine learning that are based on the distance…

Methodology · Statistics 2025-07-30 Marcello D'Orazio

Ex ante forecast outcomes should be interpreted as counterfactuals (potential histories), with errors as the spread between outcomes. Reapplying measurements of uncertainty about the estimation errors of the estimation errors of an…

Risk Management · Quantitative Finance 2012-09-12 Nassim N. Taleb

This paper presents a novel semiparametric method to study the effects of extreme events on binary outcomes and subsequently forecast future outcomes. Our approach, based on Bayes' theorem and regularly varying (RV) functions, facilitates a…

Econometrics · Economics 2025-02-25 Laura Liu , Yulong Wang

We investigate front propagation in systems with diffusive and sub-diffusive behavior. The scaling behavior of moments of the diffusive problem, both in the standard and in the anomalous cases, is not enough to determine the features of the…

Statistical Mechanics · Physics 2016-09-06 Maurizio Serva , Davide Vergni , Angelo Vulpiani

Financial time series have been investigated to follow fat-tailed distributions. Further, an empirical probability distribution sometimes shows cut-off shapes on its tails. To describe this stylized fact, we incorporate the cut-off effect…

Statistical Finance · Quantitative Finance 2019-06-26 Yusuke Uchiyama , Takanori Kadoya

Heavy-tailed or power-law distributions are becoming increasingly common in biological literature. A wide range of biological data has been fitted to distributions with heavy tails. Many of these studies use simple fitting methods to find…

Quantitative Methods · Quantitative Biology 2007-12-06 A. James , M. J. Plank

A tail empirical process for heavy-tailed and right-censored data is introduced and its Gaussian approximation is established. In this context, a (weighted) new Hill-type estimator for positive extreme value index is proposed and its…

Statistics Theory · Mathematics 2018-02-06 Brahim Brahimi , Djamel Meraghni , Abdelhakim Necir , Louiza Soltane

There are two kinds of Tsallis-probability distributions: heavy tail ones and compact support distributions. We show here, appealing to functional analysis' tools, that for lower bound Hamiltonians only the first type guarantees a maximum…

Statistical Mechanics · Physics 2015-11-16 A. Plastino , M. C. Rocca

Let $X_{1},\ldots ,X_{n}$ be $n$ real-valued dependent random variables. With motivation from Mitra and Resnick (2009), we derive the tail asymptotic expansion for the weighted sum of order statistics $X_{1:n}\leq \cdots \leq X_{n:n}$ of…

Probability · Mathematics 2014-08-07 Enkelejd Hashorva , Jinzhi Li

In this paper we consider the extreme behavior of the extremal eigenvalues of white Wishart matrices, which plays an important role in multivariate analysis. In particular, we focus on the case when the dimension of the feature p is much…

Probability · Mathematics 2016-07-27 Tiefeng Jiang , Kevin Leder , Gongjun Xu

Consider a random sample from a bivariate distribution function $F$ in the max-domain of attraction of an extreme-value distribution function $G$. This $G$ is characterized by two extreme-value indices and a spectral measure, the latter…

Statistics Theory · Mathematics 2009-09-01 John H. J. Einmahl , Johan Segers

Many complex networks in natural and social phenomena have often been characterized by heavy-tailed degree distributions. However, due to rapidly growing size of network data and concerns on privacy issues about using these data, it becomes…

Physics and Society · Physics 2015-05-19 Young-Ho Eom , Hang-Hyun Jo

We are trying to give a mathematically correct definition of outliers. Our approach is based on the distance between two last order statistics and appears to be connected to the law of large numbers. Key words: outliers, law of large…

Probability · Mathematics 2016-12-30 Lev B. Klebanov , Ashot V. Kakosyan , Andrea Karlova

We consider the extremal properties of the highly flexible univariate extended skew-normal distribution. We derive the well-known Mills' inequalities and Mills' ratio for the extended skew-normal distribution and establish the asymptotic…

Methodology · Statistics 2018-10-01 Boris Beranger , Simone A. Padoan , Yangfan Xu , Scott A. Sisson
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