3 ms·
Records don't occur linearly for a stationary variable. That is you don't expect "an average record every 50 years". The longer you observe the signal the more
by fluidcruft 11y ago
Records don't occur linearly for a stationary variable. That is you don't expect "an average record every 50 years". The longer you observe the signal the more more extreme the expected outlier.
- mikeash 11y agoSure, that's just a simplification to illustrate the principle. Whatever the expected recurrance for records is, you'll get a lot more of them when you're testing 365 (really 730, since you have both highs and lows) separate values each year than when you're just testing one (realy two).