BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Syracuse University Events - ECPv6.0.12//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL: X-WR-CALDESC:Events calendar for the Syracuse University community REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20230312T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20231105T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/New_York:20231012T153000 DTEND;TZID=America/New_York:20231012T163000 DTSTAMP:20240520T013501 CREATED:20230927T133348Z LAST-MODIFIED:20230929T144640Z SUMMARY:CPR Methods Workshop: Yulong Wang “Theory and Application of Extreme Value Theory” DESCRIPTION:Yulong Wang\, associate professor of economics\, will present “Don’t Waste the Outliers in your Dataset – Theory and Application of Extreme Value Theory” as part of the CPR Methods Workshop Series. \nExtreme values\, such as extremely high medical expenditures and cost of catastrophic disasters\, are common in practice. A routine method is to treat them as outliers and drop them from the data. However\, doing so could incur large bias and substantially misleading statistic inference. \nIn this talk\, we will discuss the effects of these extreme values on regressions and some alternatives that are robust to extreme values. Datasets about medical expenditure\, city size and firm size will be illustrated.  URL: LOCATION:Eggers Hall\, 060 130 Crouse Dr.\, Syracuse\, NY\, 13210\, United States CATEGORIES:Social Science and Public Policy ORGANIZER;CN="MAX-Center for Policy Research" GEO:43.0376318;-76.136385 X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Eggers Hall 060 130 Crouse Dr. Syracuse NY 13210 United States;X-APPLE-RADIUS=500;X-TITLE=130 Crouse Dr.:geo:43.0376318,-76.136385 END:VEVENT END:VCALENDAR