Modeling extremal events is not easy: Why the extreme value theorem cannot be as general as the central limit theorem

• Main Authors: Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta, Olga Kosheleva
• Format: Book Series
• Published: 2018
• Subjects: Computer Science
• Online Access: https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85012094087&origin=inward; http://cmuir.cmu.ac.th/jspui/handle/6653943832/57167
• Institution: Chiang Mai University

© Springer International Publishing AG 2017. In many real-life situations, a random quantity is a joint result of several independent factors, i.e., a sum of many independent random variables. The description of such sums is facilitated by the Central Limit Theorem, according to which, under reasona...