Analysis of extreme events [16]

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Bullet points include: Give ‘equal’ weight to all data E.g. typical application of method of moments and maximum likelihood Give greater weight to more ‘reliable’ data E.g. robust regression, although can apply to e.g. method-of-moments by using weighted moments Focus only (or primarily) on those observations falling within certain quantile ranges These types of methods are the ones usually used for EVT

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