Averaged Hill Plot
Plots an averaged version of the classical Hill Plot
avhill(data, u = 2, kmin = 5, conf.int = FALSE)
data |
vector of sample data |
u |
gives the amount of which the Hill estimator is averaged. Default ist set to |
kmin |
gives the minimal |
conf.int |
|
The Averaged Hill Plot is a smoothed version of the classical Hill Plot by taking the mean of values of the Hill estimator for subsequent k, i.e. upper order statistics. For more information see references.
The normal black line gives the classical Hill Plot. The red dotted line is an averaged version that smoothes the Hill Plot by taking the mean of k(u-1) subsequent Hill estimations with respect to k. See references for more information.
Resnick, S. and Starica, C. (1997). Smoothing the Hill estimator. Advances in Applied Probability, 271–293.
data(danish) avhill(danish)
Please choose more modern alternatives, such as Google Chrome or Mozilla Firefox.