ABSTRACT: The usefulness of time-series simulation of daily rainfall for estimating large quantiles of the distribution of 10 d seasonal maximum rainfall is questioned. The emphasis is on rare 10 d ...

Beta regression offers a robust framework for analysing data that are confined to the unit interval, enabling researchers to model proportions, probabilities, and other fractional outcomes with ...

Operational risk reserves are still widely estimated using the loss distribution approach. The accuracy of the estimation depends heavily on the accuracy with which the extreme quantiles of the ...

A procedure based on order statistics is given for the interval estimation of the largest α-quantile of several continuous distributions. Results on infimum of coverage probability are obtained for ...