A Weighted Estimation for Risk Model

Table 4

Errors of goodness-of-fit tests 𝑛=49 for hurricane example.

Method	Goodness-of-fit tests
	Absolute error (AE)			Integrated error (IE)
	𝑟=49	𝑟=18	𝑟=10	𝑟=49	𝑟=18	𝑟=10
Pareto(Hill)	0.1340	0.0584	0.0584	0.4844	0.3818	0.3723
TPD(Aban)	0.0948 *	0.0839	0.0832	0.3114	0.2565	0.2161
TPD(Moment)	0.1053	0.0738	0.0737	0.2985 *	0.2171	0.1825
TPD(Weighted)	0.1250	0.0561 *	0.0561 *	0.3098	0.1678 *	0.1453 *