Advances in Risk Management

13

25,000

25,000

20,000

15,000

Empirical10,000

5,000

0

2,5005,0007,50010,00012,500

Theoretical

15,00017,50020,00022,500

0

Weibull (4.9, 0.09)

0

2,5005,0007,50010,00012,500

Theoretical

15,00017,50020,00022,50025,00027,500

25,000

20,000

15,000

Empirical

10,000

5,000

Weibull (8.5, 0.07)

Figure 1.2QQ-plots for BL1* (above) and BL2 (below)

*For sake of visual clarity, the largest loss has been removed from

the first graph