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Ryden, Jesper – International Journal of Mathematical Education in Science and Technology, 2008
Extreme-value statistics is often used to estimate so-called return values (actually related to quantiles) for environmental quantities like wind speed or wave height. A basic method for estimation is the method of block maxima which consists in partitioning observations in blocks, where maxima from each block could be considered independent.…
Descriptors: Simulation, Probability, Computation, Nonparametric Statistics