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The distribution of a random variable X with distribution function F is said to have a long right tail [1] if for all t > 0, [> + >] =,or equivalently ¯ (+) ¯ (). This has the intuitive interpretation for a right-tailed long-tailed distributed quantity that if the long-tailed quantity exceeds some high level, the probability approaches 1 that it will exceed any other higher level.
A fat-tailed distribution is a probability distribution that exhibits a large skewness or kurtosis, relative to that of either a normal distribution or an exponential distribution. [ when defined as? ] In common usage, the terms fat-tailed and heavy-tailed are sometimes synonymous; fat-tailed is sometimes also defined as a subset of heavy-tailed.
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Figure 1. An example of 1000 steps of a Lévy flight in two dimensions. The origin of the motion is at [0,0], the angular direction is uniformly distributed and the step size is distributed according to a Lévy (i.e. stable) distribution with α = 1 and β = 0 which is a Cauchy distribution. Note the presence of large jumps in location compared ...
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A two-tailed test applied to the normal distribution. A one-tailed test, showing the p-value as the size of one tail.. In statistical significance testing, a one-tailed test and a two-tailed test are alternative ways of computing the statistical significance of a parameter inferred from a data set, in terms of a test statistic.
In probability theory, the tail dependence of a pair of random variables is a measure of their comovements in the tails of the distributions. The concept is used in extreme value theory . Random variables that appear to exhibit no correlation can show tail dependence in extreme deviations.
This glossary of biology terms is a list of definitions of fundamental terms and concepts used in biology, the study of life and of living organisms.It is intended as introductory material for novices; for more specific and technical definitions from sub-disciplines and related fields, see Glossary of cell biology, Glossary of genetics, Glossary of evolutionary biology, Glossary of ecology ...