To better understand liquefaction of lignocellulosic biomass, wood and its three cell wall components (lignin, hemicellulose and cellulose) were subjected to a liquefaction process using polyethylene glycol (PEG 400)/glycerol as liquefaction solvent. On the basis of the experimental results...

This paper analyzes weekly closing price data of the S&P 500 stock index and electrical insulation element lifetimes data based on generalized extreme value distribution. A new estimation method, modified maximum spacings (MSP) method, is proposed and obtained by using interior penalty function...

This paper studies the applications of extreme value theory on analysis for closing price data of the Dow-Jones industrial index and Danish fire insurance claims data. The generalized extreme value (GEV) distribution is considered in analyzing the real data, and the hypothesis testing problem...

This paper studies the generalized state density (GDOS) of near-historical extreme events of a set of independent and identically distributed (i.i.d.) random variables. The generalized density of states is proposed which is defined as a probability density function (p.d.f.). For the underlying...