Dynamic prediction models in Australian rules football using real time performance statistics. The study is a collaborative venture with Champion Data, the Australian leader in the collection and transmission of real time sporting data, and official provider of the Australian Football League (AFL) statistics. The aim is to develop a real time on line predictive model for AFL football. The model will use the statistics Champion Data collect as the match progresses as inputs to continually updat ....Dynamic prediction models in Australian rules football using real time performance statistics. The study is a collaborative venture with Champion Data, the Australian leader in the collection and transmission of real time sporting data, and official provider of the Australian Football League (AFL) statistics. The aim is to develop a real time on line predictive model for AFL football. The model will use the statistics Champion Data collect as the match progresses as inputs to continually update estimates of the probabilities of various outcomes of interest such as the winner of the match and the margin of victory. The project will assist Champion in their strategic aim to provide an on line form guide.Read moreRead less
Motor Unit Numbers Estimation (MUNE) using Bayesian statistical methodology for monitoring of progression of neuromuscular diseases. A means of objectively measuring the pathology of a neuromuscular disease involving motor unit loss, such as motor neuron disease, is much needed. This will be achieved by using newly developed electrophysiological techniques and developing new Bayesian statistical methodology to determine the number of motor units that supply a muscle. Our innovations will reliabl ....Motor Unit Numbers Estimation (MUNE) using Bayesian statistical methodology for monitoring of progression of neuromuscular diseases. A means of objectively measuring the pathology of a neuromuscular disease involving motor unit loss, such as motor neuron disease, is much needed. This will be achieved by using newly developed electrophysiological techniques and developing new Bayesian statistical methodology to determine the number of motor units that supply a muscle. Our innovations will reliably determine the number of motor units that supply a muscle in both normal subjects and in diseased patients with loss of motor nerves. This will enable the monitoring of disease progression. An outcome will be a software package that can be used with standard electrophysiology machines.Read moreRead less
Predicting Roll Angular Motion. The roll angular motion, or RAM, of a ship denotes its oscillation about its longitudinal axis, primarily caused by wave motion. The ability to predict RAM is of significant practical utility. For example, in defence-related work it plays a role in determining accuracy of weapons systems. We suggest a technique for predicting RAM. Our method borrows from both parametric and nonparametric statistics, in that a sinusoidal model is fitted to data but only over a ....Predicting Roll Angular Motion. The roll angular motion, or RAM, of a ship denotes its oscillation about its longitudinal axis, primarily caused by wave motion. The ability to predict RAM is of significant practical utility. For example, in defence-related work it plays a role in determining accuracy of weapons systems. We suggest a technique for predicting RAM. Our method borrows from both parametric and nonparametric statistics, in that a sinusoidal model is fitted to data but only over a short time interval. We show how to both assess and correct error. In particular, we propose methods for attaching probabilities to the accuracy of predictions.Read moreRead less
Models for Australian Electricity Derivatives. Electricity derivatives, such as electricity futures and options are used to manage the risk associated with volatility in prices of electricity. This project aims to develop models for pricing electricity derivatives specifically suited for Australia. Because of the non-storable nature of electricity the standard option pricing principle of "no-arbitrage" does not apply to electricity options, such as caps and floors, but applies to options on elec ....Models for Australian Electricity Derivatives. Electricity derivatives, such as electricity futures and options are used to manage the risk associated with volatility in prices of electricity. This project aims to develop models for pricing electricity derivatives specifically suited for Australia. Because of the non-storable nature of electricity the standard option pricing principle of "no-arbitrage" does not apply to electricity options, such as caps and floors, but applies to options on electricity futures. Therefore a specific model is needed that takes into account the pricing principle of "no-arbitrage" and combines it with other factors that drive electricity prices. The novel element in this proposal is incorporation of the weather forecasts into the models for electricity options. As a result of this study appropriate models for electricity derivatives for various geographical regions in Australia will be developed.Read moreRead less
Improving Productivity and Efficiency of Australian Airports – A Real Time Analytics and Statistical Approach. Aviation is a major economic driver both within Australia and overseas, but the aviation industry faces growing challenges from the increase in passengers and changing regulations. To meet these challenges, airports, airlines, government agencies and others need to maximise their efficiency and productivity; however, complex dependencies and differing operational objectives complicate t ....Improving Productivity and Efficiency of Australian Airports – A Real Time Analytics and Statistical Approach. Aviation is a major economic driver both within Australia and overseas, but the aviation industry faces growing challenges from the increase in passengers and changing regulations. To meet these challenges, airports, airlines, government agencies and others need to maximise their efficiency and productivity; however, complex dependencies and differing operational objectives complicate this task. This project aims to develop a real-time, whole-of-system operational performance framework that can help operators in finding and evaluating solutions to maximise throughput, reduce wait times and mitigate flow-on effects. Innovative new video analytic and Bayesian Network based tools are integrated to address the challenges of adaptability and uncertainty.Read moreRead less