Diagnostic plots for identifying max domains of attraction under power normalization
Deepesh Bhati and
Sreenivasan Ravi
Journal of Applied Statistics, 2018, vol. 45, issue 13, 2394-2410
Abstract:
Diagnostic plots for determining the max domains of attraction of power normalized partial maxima are proposed. A test to ascertain the veracity of the claim that data distribution belongs to a max domain of attraction under power normalization is given. The performance of this test is demonstrated using data simulated from many well-known distributions. Furthermore, two real-world datasets are analysed using the proposed procedure.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:japsta:v:45:y:2018:i:13:p:2394-2410
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DOI: 10.1080/02664763.2017.1421915
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