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How to fit Gumbel extreme value distribution to a dataset? Can it be done using fitdist? Or how to use method of moments to fit gumbel distribution? Detailed steps required

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How to fit Gumbel extreme value distribution to a dataset? Can it be done using fitdist? Or how to use method of moments to fit gumbel distribution? How to check if it fits the data accurately?

Answers (1)

Walter Roberson
Walter Roberson on 8 Aug 2023
evfit would be a Type 1 Extreme Value Distribution fit, also known as a Gumbel Distribution

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