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Implement a heavy-tailed estimator #29

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josemanuel22 opened this issue Mar 30, 2024 · 1 comment
Open

Implement a heavy-tailed estimator #29

josemanuel22 opened this issue Mar 30, 2024 · 1 comment
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good first issue Good for newcomers help wanted Extra attention is needed

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@josemanuel22
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It would be good to have a function that implements a Hill estimator, for example. The Hill estimator is particularly useful in extreme value theory for analyzing the tail properties of a distribution. It focuses on the most extreme observations (the largest) in a sample to estimate the tail index, which informs about the heaviness of the tail.

@juliohm juliohm added help wanted Extra attention is needed good first issue Good for newcomers labels Mar 31, 2024
@juliohm
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juliohm commented Mar 31, 2024

Feel free to submit a PR with the function. The plots provided here already give an indication of the extreme value index.

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Labels
good first issue Good for newcomers help wanted Extra attention is needed
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