Minimum Extreme Value distribution | Vose Software

Minimum Extreme Value distribution

Format: ExtValueMin(a, b)

The Minimum Extreme Value models the minimum of a set of random variables that have an underlying distribution belonging to the Exponential family, e.g. Exponential, Gamma, Weibull, Normal, Lognormal, Logistic and itself.

Uses and comments

See Maximum Extreme Value distribution.

ModelRisk functions added to Microsoft Excel for the Minimum Extreme Value distribution

VoseExtValueMin generates random values from this distribution for Monte Carlo simulation, or calculates a percentile if used with a U parameter.

VoseExtValueMinObject constructs a distribution object for this distribution.

VoseExtValueMinProb returns the probability density or cumulative distribution function for this distribution.

VoseExtValueMinProb10 returns the log10 of the probability density or cumulative distribution function.

VoseExtValueMinFit generates values from this distribution fitted to data, or calculates a percentile from the fitted distribution.

VoseExtValueMinFitObject constructs a distribution object of this distribution fitted to data.

VoseExtValueMinFitP returns the parameters of this distribution fitted to data.

Minimum Extreme Value distribution equations