Anomaly Detection with Extreme Value Analysis

Use the Extreme Value Theory to explain Anomaly Detection Outcomes

Marco Cerliani
Towards Data Science
6 min readJan 18, 2021

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Extreme Value Analysis (EVA) is a statistical methodology that is used primarily to estimate the probability of events that are rarest compared to any previously observed. The fields of application are generally engineering, meteorology, hydrology, finance, and oceanography…

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