Detailed abstract of the manuscript:

Hosking, J.R.M., J.R. Wallis, and E.F. Wood. (1985). Estimation of the Generalized Extreme-Value Distribution by the Method of Probability-Weighted Moments. Technometrics 27(3), 251–261.

Details

Extended methods and derivations are available in Probability distributions and parameter estimation: HoskingEtAl1985. Open the vignette locally with vignette("distributions-and-estimation", package = "EnvStats").

References

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Hosking, J.R.M. (1985). Algorithm AS 215: Maximum-Likelihood Estimation of the Parameters of the Generalized Extreme-Value Distribution. Applied Statistics 34(3), 301–310.

Hosking, J.R.M. (1990). \(L\)-Moments: Analysis and Estimation of Distributions Using Linear Combinations of Order Statistics. Journal of the Royal Statistical Society, Series B 52(1), 105–124.

Hosking, J.R.M., and J.R. Wallis (1995). A Comparison of Unbiased and Plotting-Position Estimators of \(L\) Moments. Water Resources Research 31(8), 2019–2025.

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Johnson, N. L., S. Kotz, and N. Balakrishnan. (1995). Continuous Univariate Distributions, Volume 2. Second Edition. John Wiley and Sons, New York.

Lehmann, E.L. (1975). Nonparametrics: Statistical Methods Based on Ranks. Holden-Day, Oakland, CA, 457pp.

Author

Steven P. Millard (EnvStats@ProbStatInfo.com)