Outliers and the ostensibly heavy tails (Q2002093)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Outliers and the ostensibly heavy tails |
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Outliers and the ostensibly heavy tails (English)
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11 July 2019
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An observation is the outlier for a given particular model if it is ``in contradiction'' with this model. Understanding the phrase ``in contradiction'' depends on the applied cognitive approach. The authors discuss some definitions of outliers for different kinds of probability distributions. All theorems are correctly proved. The obtained results are very useful for mathematical finance.
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outliers
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heavy tailed distributions
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compact support
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