Measurements of the distance between two holes cut into 50 steel sheets are saved as values of the variable DISTANCE in the following data set: data sheets; input distance @@; label distance='Hole ...

In the Moments table, N is the number of nonmissing observations, Mean is the arithmetic mean, Std Dev is the standard deviation, and Variance is the variance. Skewness and Kurtosis are both measures ...

A quantile defines a particular part of a data set, i.e., a quantile determines how many values in a distribution are above or below a certain limit. Special quantiles are the quartile (quarter), the ...

Operational risk reserves are still widely estimated using the loss distribution approach. The accuracy of the estimation depends heavily on the accuracy with which the extreme quantiles of the ...