Type-III Extreme Value Distribution Value

 

Maximum Value Distribution

The Type-III asymptotic distribution for the maximum values is useful whenever the parent distribution  is defined over the range  and has the form

 

where  and  are the parameters of the distribution. The above distribution denotes a uniform distribution when  and a triangular distribution when . The Type-III extreme value distribution for the maximum value, , is given by

 

The corresponding PDF is

 

where  is the upper bound of the initial distribution,  is the characteristic maximum value of  and  is a shape parameter.

The mean and variance of  are related to the parameters  and  as follows:

 

And

 

Minimum Value Distribution

The Type-III minimum value distribution can be used whenever the parent distribution is defined over the range  and has the form

 

where  and  are the parameters of the distribution. In this case, the Type-III asymptotic distribution for the minimum value, , is given by

 

By differentiating the distribution function, the CDF can be obtained as

 

In this case mean and variance of  are given by

 

And