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About: Generalized Pareto distribution     Goto   Sponge   NotDistinct   Permalink

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Type: yago:WikicatContinuousDistributionsyago:Abstraction100002137yago:Arrangement105726596yago:Cognition100023271yago:Concept105835747yago:Content105809192yago:Distribution105729036yago:Idea105833840yago:Law105872982yago:PowerLaw105996110yago:PsychologicalFeature100023100yago:Structure105726345yago:WikicatPowerLawsyago:WikicatProbabilityDistributionsyago:WikicatProbabilityDistributionsWithNon-finiteVariance New Facet based on Instances of this Class

In statistics, the generalized Pareto distribution (GPD) is a family of continuous probability distributions. It is often used to model the tails of another distribution. It is specified by three parameters: location , scale , and shape . Sometimes it is specified by only scale and shape and sometimes only by its shape parameter. Some references give the shape parameter as .