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ON COMPONENTS OF VARIANCE and MODELLING EXCEEDANCES OVER A THRESHOLD
Author(s) -
Solomon P. J.
Publication year - 1989
Publication title -
australian journal of statistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.434
H-Index - 41
eISSN - 1467-842X
pISSN - 0004-9581
DOI - 10.1111/j.1467-842x.1989.tb00495.x
Subject(s) - variance (accounting) , econometrics , threshold model , variance components , component (thermodynamics) , statistics , statistical physics , mathematics , economics , physics , thermodynamics , accounting
summary Variance component estimates from a simple hierarchical model are used to model the distribution of large data values exceeding a threshold. The advantages of interrelating the components of variance and the exceedances are stressed. The theory is outlined and an analysis of some data on blood pressure is discussed.