A standard idea in extreme value theory (see e.g. here, in French unfortunately) is that to estimate the 99.5% quantile (say), we just need to estimate a quantile of level 95% for observations exceeding the 90% quantile. In extreme value theory,... [Read more...]

In a previous post we considered writing a simple function to calculate the volume of a cylinder by specifying the height and radius of the cylinder. The function did not have any checking of the validity of the function arguments which we will consider in this post. R has various ... [Read more...]