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The Fundamentals of Heavy Tails
- Properties, Emergence, and Estimation
Engelsk
Bogcover for The Fundamentals of Heavy Tails af Jayakrishnan Nair, Bert Zwart, Adam Wierman, 9781316511732
Specifikationer
Sprog:
Engelsk
Sider:
264
ISBN-13:
9781316511732
Indbinding:
Hardback
ISBN-10:
1316511731
Kategori:
Udg. Dato:
9 jun 2022
Størrelse i cm:
18,3 x 26,0 x 1,9
Oplagsdato:
9 jun 2022

The Fundamentals of Heavy Tails

- Properties, Emergence, and Estimation
Engelsk
Hardback 2022
Format:

Bog beskrivelse
Heavy tails –extreme events or values more common than expected –emerge everywhere: the economy, natural events, and social and information networks are just a few examples. Yet after decades of progress, they are still treated as mysterious, surprising, and even controversial, primarily because the necessary mathematical models and statistical methods are not widely known. This book, for the first time, provides a rigorous introduction to heavy-tailed distributions accessible to anyone who knows elementary probability. It tackles and tames the zoo of terminology for models and properties, demystifying topics such as the generalized central limit theorem and regular variation. It tracks the natural emergence of heavy-tailed distributions from a wide variety of general processes, building intuition. And it reveals the controversy surrounding heavy tails to be the result of flawed statistics, then equips readers to identify and estimate with confidence. Over 100 exercises complete this engaging package.
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Specifikationer
Sprog:
Engelsk
Sider:
264
ISBN-13:
9781316511732
Indbinding:
Hardback
ISBN-10:
1316511731
Kategori:
Udg. Dato:
9 jun 2022
Størrelse i cm:
18,3 x 26,0 x 1,9
Oplagsdato:
9 jun 2022
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