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Exploring Data Cautiously

In: The Art of Finding Hidden Risks

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  • Sidney Resnick

    (Cornell University, ORIE)

Abstract

This chapter describes adventures when bravely statistically analyzing multivariate data that can plausibly be generated by a regularly varying distribution. The focus is on multivariate analysis and we assume the reader is familiar with one-dimensional techniques for heavy tailed data such as QQ-plots, Hill plots, altHill plots, standardization of multivariate data using the rank transformation, angular density plots.

Suggested Citation

  • Sidney Resnick, 2024. "Exploring Data Cautiously," Springer Books, in: The Art of Finding Hidden Risks, chapter 0, pages 149-224, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-57599-0_5
    DOI: 10.1007/978-3-031-57599-0_5
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