Outliers, the Law of Large Numbers, Index of Stability and Heavy Tails
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Publication:6281376
arXiv1612.09265MaRDI QIDQ6281376FDOQ6281376
Authors: L. B. Klebanov, A. V. Kakosyan, Andrea Karlova 
Publication date: 29 December 2016
Abstract: We are trying to give a mathematically correct definition of outliers. Our approach is based on the distance between two last order statistics and appears to be connected to the law of large numbers. Key words: outliers, law of large numbers, heavy tails, stability index.
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