754
Views
51
CrossRef citations to date
0
Altmetric
EXTREME VALUE ANALYSIS AND ORDER STATISTICS

Bringing Closure to the Plotting Position Controversy

Pages 460-467 | Received 27 Oct 2006, Accepted 27 Apr 2007, Published online: 30 Jan 2008
 

Abstract

In this article, it is explicitly demonstrated that the probability of non exceedance of the mth value in n order ranked events equals m/(n + 1). Consequently, the plotting position in the extreme value analysis should be considered not as an estimate, but to be equal to m/(n + 1), regardless of the parent distribution and the application. The many other suggested plotting formulas and numerical methods to determine them should thus be abandoned. The article is intended to mark the end of the century-long controversial discussion on the plotting positions.

Mathematics Subject Classification:

Acknowledgments

Thanks are due to M. Pajari for continuous and fruitful discussions and comments on the manuscript. This work was funded by the Environmental Cluster Research Program, Ministry of Environment, Finland and Tekes.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.