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Extreme Value Theory may have something to offer managers of law departments

By Rees Morrison

An extreme value distribution is a curve that does for abnormal values what the normal, Gaussian bell curve does for run-of-the-mill values. A theory to predict extreme events first appeared in 1928, gained its first real traction 20 years later,...

Full post as published by Law Department Management on March 30, 2011 (boomark / email).