Peak X-ray fluxes (in W m ) of solar flares above a detection threshold are modelled…
PHYSICS · Multi-part · Fermi University Physics · Scientific Practice & Experimental Methods · Mathematical Methods for Physics · Data analysis and model fitting in the laboratory
Many Parts, One Behaviour, Ch Heavy tails: power laws and how to measure them
Problem
Peak X-ray fluxes X (in W m−2) of n=200 solar flares above a detection threshold xmin=10−6Wm−2 are modelled by the continuous power-law density p(X)∝X−α for X≥xmin. The sum of log-ratios is ∑i=1200ln(Xi/xmin)=310.
((a)) Find the maximum-likelihood estimate α^ and its standard error.
((b)) Estimate the fraction of flares with flux at least five times xmin.