Hello and happy new year everyone,
for those, whose New Year’s resolutions are related to further training, I’d like to point out several free MOOCs and interactive online courses that you might find interesting:
Hey there,
welcome to part 3 of our short introduction to extreme value analysis using the extRemes package in R.
Having discussed the block maxima method the last time, we will now have a look at the threshold excess method.
According to Coles (2001), the threshold approach is more efficient than the
Hey there,
welcome to part 4 of our short introduction to extreme value analysis using the extRemes package in R.
In the recent posts about the block maxima method and the threshold excess method, we have simply assumed that all assumptions for extreme value analysis are fulfilled. However, this is
Hey there,
welcome to part 2 of our short introduction to extreme value analysis using the extRemes package in R.
As some of you might know, there are two common approaches for practical extreme value analysis. Today, we will focus on the first of these two approaches, called the block maxima method.
This