Informative Quantile Functions and Identification of Probability Distribution Types.
Abstract
A problem of great importance to statistical data analysts is quick identification of possible probability distributions for observed data, and classification of tail behavior of probability distributions. This paper discusses the informative quantile function IQ(u) = (Q(u) - Q(0.5)) divided by 2(Q(0.75) - Q(0.25)), and its use to identify probability models for observed data and its use to provide concepts of representative distributions which illustrate the different types of shapes and tail behavior that real distributions can have. This paper also discusses estimators of tail exponents; they can be used to identify outlying data values, and more centrally to identify possible distributions to fit to data. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1983
- Accession Number
- ADA132723
Entities
People
- Emanuel Parzen
Organizations
- Texas A&M University