A Note on the Plotting Position Controversy and a New Distribution-free Formula
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چکیده
The recent work “Bringing closure to the plotting position controversy” (Makkonen, 2008a) states the impossibility of a different solution from the classical plotting position proposed by Weibull (1939) and promoted by Gumbel (1958). In this paper, a new and better distribution-free solution is obtained via axiomatic approach. The applicative implications of a comparative study, carried out by using a wide Monte Carlo simulation, are presented. The new solution advantages are confirmed in estimating the median Return Period.
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تاریخ انتشار 2010