Asymptotic behaviour for the extreme values of a linear regression model (Q1769296)

Consider the linear regression model defined by the following relation: \[ Y_t=aX_t+b+\zeta_t, \] where \(a>0\), \((\zeta_t)\) is a white noise process and \((X_t)\) is a sequence of independent and identically distributed random variables; independent of the sequence \((\zeta_t)\). Assume that the common distribution function \(F\) of \(X_1\) belongs to the Fréchet or Gumbel domains and that the tail of \((\zeta_t)\) is lighter than the tail of \((X_t)\). Using point process techniques, the authors show that the asymptotic distribution of the extreme values of the variable \(Y\) is the same as that one of the variable \(X\).