
Overview: Extreme Value Theory | ||
Type | ||
Definition | A branch of statistics that deals with extreme values. | |
Value | Calculating the chance of outcomes with small probabilities but high impact. | |
Related Concepts |
What is Extreme Value Theory? John Spacey, updated on
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RisksThis is the complete list of articles we have written about risks.If you enjoyed this page, please consider bookmarking Simplicable.
Business RisksA list of common business risks.Risk TreatmentThe five things that can be done about risk.Risk Management Effectiveness
A metric for measuring risk management.
Positive RiskThe potential that you'll achieve too much of a good thing.Dread Risk
Any risk that people have a strong aversion too.
Risk TakingThe definition of risk taking with examples.Risk ExamplesA list of risk examples by type.Risk Probability vs Risk ImpactThe two main factors in modeling a risk.Calculated RiskA definition of calculated risk with an example.Relative Risk
How to calculate relative risk with examples.
Statistical AnalysisA list of basic statistical analysis techniques.Cohort Analysis
An overview of cohort analysis.
AnalyticsA definition of analytics with examples.Continuous Data vs Discrete Data
The difference between continuous and discrete data.
Hypothesis Types
The common types of hypothesis with examples.
Negative Correlation
The definition of negative correlation with examples.
ErrorsThe common types of error with examples.Structured Data
An overview of structured data with examples.
Regression Analysis
An overview of regression analysis with examples.
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