Big data: progress in automating extreme risk analysis
Big data can be a curse and a blessing for the statistician. We report in this paper about some positive effect of big data: big data may open the way for more reliable risk analysis, simply because more extreme data are available. However, big data also require a fully automated analysis. We present here a method, which can easily be implemented and used for large numbers of statistical attributes. We apply this method to safety issues at the landing of airplanes.
Dewey Decimal Classification:
Pietsch, W., Wernecke, J. and Ott, M.
Berechenbarkeit der Welt?
Philosophie und Wissenschaft im Zeitalter von Big Data