Complex data, model selection and bootstrap inference. The project will provide new statistical methods and associated software for the analysis and modelling of complex data, as well as quality research training. This project will benefit researchers in statistics and users of statistics who encounter the complex data considered in this project and who need to model and make inferences from these data. Since these kinds of data arise in many areas (such as medicine, genetics, chemistry etc), ....Complex data, model selection and bootstrap inference. The project will provide new statistical methods and associated software for the analysis and modelling of complex data, as well as quality research training. This project will benefit researchers in statistics and users of statistics who encounter the complex data considered in this project and who need to model and make inferences from these data. Since these kinds of data arise in many areas (such as medicine, genetics, chemistry etc), Australia and Australian industry will ultimately benefit from the proposed research. The strengthening of international link and the training of highly trained research scientists in an area of national importance will also benefit Australia.Read moreRead less
Bootstrap methods for data with multiple errors. This project will provide new methods for data analysis and quality research training. The results will benefit researchers in statistics and users of statistics who encounter data with multiple errors and who need to make inferences from these data. The many areas from which such data arise (including medicine, genetics, chemistry, education, social surveys etc) mean that Australia and Australian Industry will also ultimately benefit from the r ....Bootstrap methods for data with multiple errors. This project will provide new methods for data analysis and quality research training. The results will benefit researchers in statistics and users of statistics who encounter data with multiple errors and who need to make inferences from these data. The many areas from which such data arise (including medicine, genetics, chemistry, education, social surveys etc) mean that Australia and Australian Industry will also ultimately benefit from the research. The strengthening of international links and the training of highly trained researchers will also benefit the Australian community.Read moreRead less
Asymptotic Geometric Analysis and Learning Theory. Learning Theory is used in various real-world applications in diverse research areas, ranging from Biology (e.g. DNA sequencing) to Information Sciences. Therefore, having a deep understanding of fundamental questions in Learning Theory, and in particular, pin-pointing the parameters that make a learning problem hard would have a significant practical impact. This projects aims to achieve this goal, and in addition, we expect it would have a hig ....Asymptotic Geometric Analysis and Learning Theory. Learning Theory is used in various real-world applications in diverse research areas, ranging from Biology (e.g. DNA sequencing) to Information Sciences. Therefore, having a deep understanding of fundamental questions in Learning Theory, and in particular, pin-pointing the parameters that make a learning problem hard would have a significant practical impact. This projects aims to achieve this goal, and in addition, we expect it would have a high theoretical value, as the questions we shall address are of independent interest to pure mathematicians.Read moreRead less
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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The improvement of climate change investigations by developing and applying innovative evolutionary subset time series modelling using semi-parametric sparse-patterned approaches. With an estimated US$6.98 trillion loss indicated in the Stern review, severe climate change will make world climate conditions harsher and more likely include large natural climate disasters. The health of the Australian economy is critically dependent on decisions of environmental managers. However, most problems of ....The improvement of climate change investigations by developing and applying innovative evolutionary subset time series modelling using semi-parametric sparse-patterned approaches. With an estimated US$6.98 trillion loss indicated in the Stern review, severe climate change will make world climate conditions harsher and more likely include large natural climate disasters. The health of the Australian economy is critically dependent on decisions of environmental managers. However, most problems of complexity arising in climate change involve issues on which we do not possess a deep understanding. This project draws upon a set of inter-disciplinary concepts and models centred in neural networks that enable us to advance our understanding of complexity, leading to superior quantitative tools and models to allow for improved environmental decision-making.
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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
Asymptotic Geometric Analysis and Learning Theory. Learning Theory is used in various real-world applications in diverse research areas, ranging from Biology (e.g. DNA sequencing) to Information Sciences. Therefore, having a deep understanding of fundamental questions in Learning Theory, and in particular, pin-pointing the parameters that make a learning problem hard would have a significant practical impact. This projects aims to achieve this goal, and in addition, we expect it would have a hig ....Asymptotic Geometric Analysis and Learning Theory. Learning Theory is used in various real-world applications in diverse research areas, ranging from Biology (e.g. DNA sequencing) to Information Sciences. Therefore, having a deep understanding of fundamental questions in Learning Theory, and in particular, pin-pointing the parameters that make a learning problem hard would have a significant practical impact. This projects aims to achieve this goal, and in addition, we expect it would have a high theoretical value, as the questions we shall address are of independent interest to pure mathematicians.
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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
NONPARAMETRIC STATISTICS. Nonparametric statistical methods are techniques that implicitly choose statistical models from exceptionally large and highly adaptive classes. The project aims to develop innovative and practicable nonparametric methods in four areas: Statistical Smoothing, Data Mining, Mixture Methods and Robust Inference. The significance of the work lies in its novelty, the breadth of its practical motivation, and its position at the leading edge of contemporary work in statisti ....NONPARAMETRIC STATISTICS. Nonparametric statistical methods are techniques that implicitly choose statistical models from exceptionally large and highly adaptive classes. The project aims to develop innovative and practicable nonparametric methods in four areas: Statistical Smoothing, Data Mining, Mixture Methods and Robust Inference. The significance of the work lies in its novelty, the breadth of its practical motivation, and its position at the leading edge of contemporary work in statistics. Expected outcomes include new technologies for data analysis.Read moreRead less
Statistical Mechanics of Classical Glasses. Glasses and ceramics can possess a combination of properties not available in other materials and thus they are of technological importance with rapidly developing applications. However a fundamental theoretical basis for describing these systems has been missing. The reason for this is that glasses are not in thermodynamic equilibrium, so the standard tools of equilibrium statistical mechanics cannot be rigorously applied . This project will make an i ....Statistical Mechanics of Classical Glasses. Glasses and ceramics can possess a combination of properties not available in other materials and thus they are of technological importance with rapidly developing applications. However a fundamental theoretical basis for describing these systems has been missing. The reason for this is that glasses are not in thermodynamic equilibrium, so the standard tools of equilibrium statistical mechanics cannot be rigorously applied . This project will make an important contribution towards building a strong local knowledge base by addressing the problem of understanding the glassy state. The knowledge base can then serve as a springboard for possible high tech applications in materials science and engineering.Read moreRead less