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Extreme value theory
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==Applications== Applications of extreme value theory include predicting the probability distribution of: {{div col begin |colwidth = 20em}} * Extreme [[flood]]s; the size of [[freak wave]]s * [[Tornado]] outbreaks<ref>{{harvp|Tippett|Lepore|Cohen|2016}}</ref> * Maximum sizes of [[population (ecology)|ecological population]]s<ref> {{cite journal |last1=Batt |first1=Ryan D. |last2=Carpenter |first2=Stephen R. |last3=Ives |first3=Anthony R. |date=March 2017 |title=Extreme events in lake ecosystem time series |journal=Limnology and Oceanography Letters |volume=2 |issue=3 |page=63 |doi=10.1002/lol2.10037 |doi-access=free |bibcode=2017LimOL...2...63B }} </ref> * [[Side effect]]s of [[prescription drug|drugs]] (e.g., [[ximelagatran]]) * The magnitudes of large [[insurance]] losses * [[Equity risk]]s; day-to-day [[market risk]] * [[Mutation]] events during [[evolution]] * Large [[wildfire]]s<ref>{{harvp|Alvarado|Sandberg|Pickford|1998|p=68}}</ref> * [[Structural load|Environmental loads on structures]]<ref>{{harvp|Makkonen|2008}}</ref> * Time the fastest [[human running speed|humans could ever run]] the [[100 metres|100 metres sprint]]<ref> {{cite report |first1=J.H.J. |last1=Einmahl |first2=S.G.W.R. |last2=Smeets |year=2009 |title=Ultimate 100m world records through extreme-value theory |series=CentER Discussion Paper |volume=57 |publisher=Tilburg University |url=https://pure.uvt.nl/ws/files/1244969/j.1467-9574.2010.00470.x.pdf |access-date=2009-08-12 |archive-url=https://web.archive.org/web/20160312023048/https://pure.uvt.nl/ws/files/1244969/j.1467-9574.2010.00470.x.pdf |archive-date=2016-03-12 }} </ref> and performances in other [[Sport of athletics|athletic]] disciplines<ref> {{cite journal |first1=D. |last1=Gembris |first2=J. |last2=Taylor |first3=D. |last3=Suter | title = Trends and random fluctuations in athletics | journal = Nature | volume = 417 | issue = 6888 | page = 506 | year = 2002 | doi=10.1038/417506a | doi-access = free | bibcode = 2002Natur.417..506G | pmid=12037557 | hdl = 2003/25362 | s2cid = 13469470 }} </ref><ref> {{cite journal | first1 = D. | last1 = Gembris | first2 = J. | last2 = Taylor | first3 = D. | last3 = Suter | year = 2007 | title = Evolution of athletic records: Statistical effects versus real improvements | journal = [[Journal of Applied Statistics]] | volume = 34 | issue = 5 | pages = 529β545 | doi=10.1080/02664760701234850 | pmid = 38817921 | s2cid = 55378036 | bibcode=2007JApSt..34..529G | hdl = 2003/25404 | pmc = 11134017}} </ref><ref> {{cite journal | first1 = H. | last1 = Spearing | first2 = J. | last2 = Tawn | first3 = D. | last3 = Irons | first4 = T. | last4 = Paulden | first5 = G. | last5 = Bennett | year = 2021 | title = Ranking, and other properties, of elite swimmers using extreme value theory | journal = Journal of the Royal Statistical Society | series = Series A (Statistics in Society) | volume = 184 | issue = 1 | pages = 368β395 | doi=10.1111/rssa.12628 | doi-access = free | s2cid = 204823947 | arxiv = 1910.10070}} </ref> * Pipeline failures due to [[pitting corrosion]] * Anomalous IT [[network traffic]], prevent [[security hacker|attackers]] from reaching important data * [[Road safety]] analysis<ref> {{cite journal |last1=Songchitruksa |first1=P. |last2=Tarko |first2=A.P. |year =2006 |title=The extreme value theory approach to safety estimation |journal=Accident Analysis and Prevention |volume=38 |issue=4 |pages=811β822 |doi=10.1016/j.aap.2006.02.003 |pmid=16546103 }} </ref><ref> {{cite journal |last1=Orsini |first1=F. |last2=Gecchele |first2=G. |last3=Gastaldi |first3=M. |last4=Rossi |first4=R. |date=2019 |title=Collision prediction in roundabouts: A comparative study of extreme value theory approaches |journal=Transportmetrica |series=Series A: Transport Science |volume=15 |issue=2 |pages=556β572 |doi=10.1080/23249935.2018.1515271 |s2cid=158343873 }} </ref> * [[Wireless communications]]<ref> {{cite journal |first1=C.G. |last1=Tsinos |first2=F. |last2=Foukalas |first3=T. |last3=Khattab |first4=L. |last4=Lai |date=February 2018 |title=On channel selection for carrier aggregation systems |journal=[[IEEE Transactions on Communications]] |volume=66 |issue=2 |pages=808β818 |doi=10.1109/TCOMM.2017.2757478 |s2cid=3405114 |url=https://ieeexplore.ieee.org/document/8052574 }} </ref> * [[Epidemic]]s<ref> {{cite journal |last1=Wong |first1=Felix |last2=Collins |first2=James J. |date=2020-11-02 |df=dmy-all |title=Evidence that coronavirus superspreading is fat-tailed |journal=Proceedings of the National Academy of Sciences of the USA |volume=117 |issue=47 |pages=29416β29418 |doi=10.1073/pnas.2018490117 |doi-access=free |issn=0027-8424 |pmid=33139561 |pmc=7703634 |bibcode=2020PNAS..11729416W }} </ref> * [[Neurobiology]]<ref> {{Cite journal |last1=Basnayake |first1=Kanishka |last2=Mazaud |first2=David |last3=Bemelmans |first3=Alexis |last4=Rouach |first4=Nathalie |last5=Korkotian |first5=Eduard |last6=Holcman |first6=David |date=2019-06-04 |df=dmy-all |title=Fast calcium transients in dendritic spines driven by extreme statistics |journal=[[PLOS Biology]] |volume=17 |issue=6 |page=e2006202 |doi=10.1371/journal.pbio.2006202 |doi-access=free |pmid=31163024 |issn=1545-7885 |pmc=6548358 }}</ref> * [[Solar energy]]<ref> {{cite journal |last1=Younis |first1=Abubaker |last2=Abdeljalil |first2=Anwar |last3=Omer |first3=Ali |date=2023-01-01 |df=dmy-all |title=Determination of panel generation factor using peaks over threshold method and short-term data for an off-grid photovoltaic system in Sudan: A case of Khartoum city |journal=Solar Energy |volume=249 |pages=242β249 |doi=10.1016/j.solener.2022.11.039 |bibcode=2023SoEn..249..242Y |s2cid=254207549 |issn=0038-092X |url=https://www.sciencedirect.com/science/article/pii/S0038092X22008593 }} </ref> * Extreme [[Space weather]]<ref>{{cite journal |last1=Fogg |first1=Alexandra Ruth |title=Extreme Value Analysis of Ground Magnetometer Observations at Valentia Observatory, Ireland |journal=Space Weather |date=2023 |volume=21 |issue=e2023SW003565 |doi=10.1029/2023SW003565 |bibcode=2023SpWea..2103565F |url=https://doi.org/10.1029/2023SW003565}}</ref><ref>{{cite journal |last1=Elvidge |first1=Sean |title=Estimating the occurrence of geomagnetic activity using the Hilbert-Huang transform and extreme value theory. |journal=Space Weather |date=2020 |volume=17 |issue=e2020SW002513 |doi=10.1029/2020SW002513 |doi-access=free |bibcode=2020SpWea..1802513E }}</ref><ref>{{cite journal |last1=Bergin |first1=Aisling |title=Extreme event statistics in Dst, SYM-H, and SMR geomagnetic indices |journal=Space Weather |date=2023 |volume=21 |issue=e2022SW003304 |doi=10.1029/2022SW003304 |bibcode=2023SpWea..2103304B |url=https://doi.org/10.1029/2022SW003304|hdl=10037/30641 |hdl-access=free }}</ref> {{div col end}}
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