Type 1 Gumbel Distribution

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In probability theory and statistics, the Gumbel distribution (named after Emil Julius Gumbel (1891-1966)) is used to model the distribution of the maximum (or the minimum) of a number of samples of various distributions. For example we would use it to represent the distribution of the maximum level of a river in a particular year if we had the list of maximum values for the past ten years. It is useful in predicting the chance that an extreme earthquake, flood or other natural disaster will occur.

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Pagina's: 88, Paperback, Betascript Publishers