Generalized Sum Plots
Sousa and Michailidis (2004) developed the sum plot based on the Hill (1975) estimator as a diagnostic tool for selecting the optimal k when the distribution is heavy tailed. We generalize their method to any consistent estimator with any tail type (heavy, normal and light tail). We illustrate the...
Main Authors: | J. Beirlant, E. Boniphace, G. Dierckx |
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Format: | Article |
Language: | English |
Published: |
Instituto Nacional de Estatística | Statistics Portugal
2011-10-01
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Series: | Revstat Statistical Journal |
Subjects: | |
Online Access: | https://revstat.ine.pt/index.php/REVSTAT/article/view/103 |
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