Using blockMaxima in fExtremes package for preprocessing the Data
Hello, I am trying to find how blockMaxima works ? I run this on danish data and i get the following :-
summary(danish)
Min. 1st Qu. Median Mean 3rd Qu. Max. 1.000 1.321 1.778 3.385 2.967 263.300
blockMaxima(danish, block=500)
82 472 388 356 121 263.25037 57.41064 32.46753 152.41321 144.65759
I guess there are 5 blocks of following sizes
82 472 388 356 121
with the maximum value of each block being..
263.25037 57.41064 32.46753 152.41321 144.65759
But if you add all these block i.e.
82 + 472 + 388 + 356 + 121 = 1419..
length(danish)
[1] 2167 The sample size of danish is 2167 which is not equal to 1419... Can someone explain how blockMaxima is preprocessing the tails of danish data..? Ashish
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