Big Outliers Versus Heavy Tails: what to use?
classification
🧮 math.ST
stat.TH
keywords
heavyoutliersindextailtailsalternativesdefinitionsdiscussed
read the original abstract
A possibility to give strong mathematical definitions of outliers and heavy tailed distributions or their modification is discussed. Some alternatives for the notion of tail index are proposed. Key words: outliers, heavy tails, tail index.
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