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NormalTailFit

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Function Description

Returns an array of two elements consisting of the tail fit estimates of the mean, , and standard deviation, , assuming that the observations,  in InputData are independent draws from a Normal distribution  and  corresponds to quantile  and is given weight  where the   are in Quantiles and the  are in Weights.

 

See tail fitting of a normal distribution for further details.

 


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Output type / Parameter details

Output type: Double()
Parameter NameVariable TypeDescription
InputArrayDouble()Array of observations
QuantileArrayDouble()Quantiles applicable to observations (0
WeightArrayDouble()Weights to apply

Links to:

-          Interactively run function

-          Interactive instructions

-          Example calculation

-          Output type / Parameter details

-          Illustrative spreadsheet

-          Other Statistical functions

-          Computation units used


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