STATISTICAL PAPERS, cilt.65, sa.8, ss.5239-5251, 2024 (SCI-Expanded)
Similar to usual lower records, Bottom-k-lists (Kozan and Tanil 2013) have a wide range of practical applications in meteorology, hydrology, sports, etc. Also, exceedance statistics can be viewed as a close relative to tolerance limits – an important field of statistical science. In this study, an idea of combining these two important subjects together is studied and an exceedance statistic is defined based on bottom-k-lists in an independent and identically distributed (iid) continuous random sequence. Probability mass function (pmf) of a selected exceedance statistic is obtained. Also, an illustrative application of the exceedance statistic is given.