Extreme Value Theory

2021-01-30
1 min read

Asymptotic Model

Formula

\[M_n=max\{X_1,\dots,X_n\}\]

where \(X_1,\dots,X_n\), is a sequence of independent random variables having a common distribution function \(F\).

Since \(F\) is unknown, so we can look for approximate families of models for \(F^n\).