The maximum spacing estimation (MSE or MSP) is one of those not-so-known statistic tools that are good to have in your toolbox if you ever bump
Author: Lia
Hi! I am the statsletters editor. I like statistics. I work at Combine Control Systems A.B. in Gothenburg, Sweden. Check out our statistics notebooks on Github!
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Kolmogorov-Smirnov for comparing samples (plus, sample code!)
The Kolmogorov-Smirnov test (KS test) is a test which allows you to compare two univariate, continuous distributions by looking at their CDFs. Such CDFs can
Trying out Copula packages in Python – II
And here we go with the copula package in (the sandbox of) statsmodels! You can look at the code first here.I am in love with
Trying out Copula packages in Python – I
You may ask, why copulas? We do not mean this copulas. We mean the mathematical concept. Simply put, copulas are joint distribution functions with uniform
Sympathy for the Extreme
Every now and then, a data science practitioner will be tasked with making sense out of rare, extreme situations. And the good news is, there exist mathematical tools that can help you make sense of extreme events. And some of those tools are structured under a branch of probability which has (conveniently) been named Extreme Value Theory (EVT).