System to synapse. Biological tissue is studied at the cellular and organ level with ever increasing clarity and sensitivity, but there are limitations in understanding how microscopic changes are manifested in the organ and vice versa. This project will develop new methods to bridge this gap and allow next generation correlative imaging.
Investment Approaches and Applications in Financial Markets: Evolutionary Kernel Based Subset Time-Series Using Semi-Parametric Approaches. The project will develop new investment assessments based on subset time-series modeling. Innovative evolutionary kernel smoothing algorithms using semi-parametric approaches will be introduced. The project will make three important applications of this modeling in financial markets: a) benchmarking and evaluation of inflation-indexed bonds; b) evaluation of ....Investment Approaches and Applications in Financial Markets: Evolutionary Kernel Based Subset Time-Series Using Semi-Parametric Approaches. The project will develop new investment assessments based on subset time-series modeling. Innovative evolutionary kernel smoothing algorithms using semi-parametric approaches will be introduced. The project will make three important applications of this modeling in financial markets: a) benchmarking and evaluation of inflation-indexed bonds; b) evaluation of the performance of global diversified investment funds; and c) prediction to provide early warning of the emergence of destabilising deflation or inflation. These three applications will lead to improved risk management practices and investment performance. Recursive algorithms will provide new statistical methods to study investment asset price movements and market volatility.
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Investment approaches and opportunities in renewable energy and financial resource markets, using semi-parametric approaches to evolutionary subset time-series lattice-ladder modelling. The project findings will help Australian exporters and importers understand and manage energy and resource price risks more effectively. The investment community will benefit through selecting optimal asset allocations and enhancing value to investors. It will also benefit many other agencies, particularly in th ....Investment approaches and opportunities in renewable energy and financial resource markets, using semi-parametric approaches to evolutionary subset time-series lattice-ladder modelling. The project findings will help Australian exporters and importers understand and manage energy and resource price risks more effectively. The investment community will benefit through selecting optimal asset allocations and enhancing value to investors. It will also benefit many other agencies, particularly in the service industries. It is not well recognised that in developed countries, including Australia, the financial service and related sectors account for more than 60 percent of economic activity and employment, so it is critical that more sophisticated statistical methods be established, and practical applications conducted, in order to advance the understanding of complexity management in the financial service and related sectors.Read moreRead less
The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormou ....The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormous. Any developed or developing country will profit from such advanced decision-making approaches. Therefore it is critical that more sophisticated statistical methods be established, and practical applications conducted, in order to advance the understanding of complexity management in the financial investment and other relevant sectors.Read moreRead less
Rating and ranking sports players and teams using minimum message length. All sorts of games and sports could use better systems for rating and ranking teams. This is as true in sports-mad Australia as any other country. Improved and more accessible rating systems across a variety of activities should encourage the general public to take a greater interest in the mathematics, statistics, information theory and machine learning behind the systems. With Cadability as our Australia-based interna ....Rating and ranking sports players and teams using minimum message length. All sorts of games and sports could use better systems for rating and ranking teams. This is as true in sports-mad Australia as any other country. Improved and more accessible rating systems across a variety of activities should encourage the general public to take a greater interest in the mathematics, statistics, information theory and machine learning behind the systems. With Cadability as our Australia-based international industry partner, the global use of these systems will be to Australia's economic advantage. Having a more accurate rating system which is wider-reaching both in the number of sports and games and the number of participants per sport and game should also encourage greater participation from the general public.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
Novel statistical analysis for traffic modelling. This collaborative research with Queensland Main Roads aims to develop and apply novel statistical modelling techniques which improve on the current statistical methods used for transport modelling. The research outcomes will provide a high level of accuracy in terms of predictions for trips leading to better use of expensive survey data. Predictions will be incorporated into transport models. Such model will be used for improving decisions i ....Novel statistical analysis for traffic modelling. This collaborative research with Queensland Main Roads aims to develop and apply novel statistical modelling techniques which improve on the current statistical methods used for transport modelling. The research outcomes will provide a high level of accuracy in terms of predictions for trips leading to better use of expensive survey data. Predictions will be incorporated into transport models. Such model will be used for improving decisions involving multi billion dollar transport infrastructure investment and applied to South East Queensland. The methods can be extended to transport models for other large conurbations in Australia. Outcomes include improved transport systems with economic benefits for business and the community. Read moreRead less
Statistical methods for quantifying variation in spatiotemporal areal data. This project aims to develop new statistical methods for extracting insights into spatial and temporal variation in areal data. These tools will extend the Australian Cancer Atlas which provides small area estimates for 20 cancers across Australia. The project is significant because it will allow government and other organisations to reap dividends from investment in collecting spatial information and it will enable mode ....Statistical methods for quantifying variation in spatiotemporal areal data. This project aims to develop new statistical methods for extracting insights into spatial and temporal variation in areal data. These tools will extend the Australian Cancer Atlas which provides small area estimates for 20 cancers across Australia. The project is significant because it will allow government and other organisations to reap dividends from investment in collecting spatial information and it will enable modelled small-area estimates to be released without compromising confidentiality. The expected outcomes include new statistical knowledge and new insights into cancer. The results will benefit the many disciplines, managers and policy makers that make decisions based on geographic data mapped over space and time. Read moreRead less
Censored Regression Techniques for Credit Scoring. This project will apply censored regression techniques to a loans database from the industry partner, the ANZ bank. We will accurately estimate the actual time to loan repayment, rather than simply the risk of default. In a novel approach for credit scoring we will build a model using current, right-censored, rather than historic data, incorporating loans that are not yet repaid but are underway and clearly have a length of loan longer than obse ....Censored Regression Techniques for Credit Scoring. This project will apply censored regression techniques to a loans database from the industry partner, the ANZ bank. We will accurately estimate the actual time to loan repayment, rather than simply the risk of default. In a novel approach for credit scoring we will build a model using current, right-censored, rather than historic data, incorporating loans that are not yet repaid but are underway and clearly have a length of loan longer than observed. This approach has the immense advantage of being able to reflect contemporary borrowing patterns in the model, rather than relying on historic trends.
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Surveillance and sampling to maintain absence of pests and diseases. This project aims to develop empirically validated statistical and mathematical methods for industry and government to deliver more efficient biosecurity surveillance programs. The project endeavours to enhance biosecurity at the border and within Australia, while minimising the costs and burden of testing. Expected project outcomes include effective surveillance and sampling for high-priority threats, accessible software for d ....Surveillance and sampling to maintain absence of pests and diseases. This project aims to develop empirically validated statistical and mathematical methods for industry and government to deliver more efficient biosecurity surveillance programs. The project endeavours to enhance biosecurity at the border and within Australia, while minimising the costs and burden of testing. Expected project outcomes include effective surveillance and sampling for high-priority threats, accessible software for decision-makers, and generalisable approaches to address rapidly increasing biosecurity risks. Significant benefits include maintaining absence of key pathogens and pests in Australia.Read moreRead less