One- and two-sided prediction intervals for future Pareto record values with applications

Abstract Based on upper record values in a series of observations over time from a Pareto distribution, an exact and several approximate one-sided and two-sided prediction intervals for the next record value (or for another future record value) to appear are studied and compared by means of an exten...

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Bibliographic Details
Main Authors: Anja B. Schmiedt, Christina Empacher, Udo Kamps
Format: Article
Language:English
Published: Springer 2025-05-01
Series:Journal of Statistical Theory and Applications (JSTA)
Subjects:
Online Access:https://doi.org/10.1007/s44199-025-00119-w
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