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Title:

Big data: progress in automating extreme risk analysis

Document type:
Buchbeitrag
Author(s):
Gissibl, N., Klüppelberg, C., and Mager, J.
Pages contribution:
171-189
Abstract:
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:
510 Mathematik
Editor:
Pietsch, W., Wernecke, J. and Ott, M.
Book title:
Berechenbarkeit der Welt?
Book subtitle:
Philosophie und Wissenschaft im Zeitalter von Big Data
Publisher:
Springer VS
Publisher address:
Wiesbaden
Date of publication:
01.06.2017
Year:
2017
Quarter:
2. Quartal
Year / month:
2017-06
Month:
Jun
Pages:
171-189
Print-ISBN:
978-3-658-12152-5
E-ISBN:
978-3-658-12153-2
Language:
en
DOI:
doi:10.1007/978-3-658-12153-2
WWW:
Springer
Semester:
SS 17
TUM Institution:
Lehrstuhl für Mathematische Statistik
Format:
Text
 BibTeX