A comparative review of generalizations of the Gumbel extreme value distribution with an application to wind speed data
A comparative review of generalizations of the Gumbel extreme value distribution with an application to wind speed data
The generalized extreme value distribution and its particular case, the Gumbel extreme value distribution, are widely applied for extreme value analysis. The Gumbel distribution has certain drawbacks because it is a non-heavy-tailed distribution and is characterized by constant skewness and kurtosis. The generalized extreme value distribution is frequently used in …