Discovery Projects - Grant ID: DP0209179

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0209179

Funding Status
Closed

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Funded Activity Summary

Stein's method for probability approximation. Data of counts in time, such as incoming calls in telecommunications and the clusters of palindromes in a family of herpes-virus genomes, arise in an extraordinarily diverse range of fields from science to business. These problems can be modelled by sums of random variables taking values 0 and 1 in probability theory, thus permitting approximate calculations which are often good enough in practice. This project will obtain such approximate solutions and estimate the errors involved. Applications include analysis of data in insurance, finance, flood prediction in hydrology.

Funded Activity Details

Start Date: 01-01-2002

End Date: 31-12-2006

Funding Scheme: Discovery Projects

Funding Amount: $50,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Stochastic Analysis And Modelling | Probability Theory | Statistics | Statistical Theory

ANZSRC Socio-Economic Objective (SEO)

Insurance services | Mathematical sciences |

Other Keywords

Insurance services | Mathematical sciences | Probability Theory | Statistical Theory | Statistics | Stochastic Analysis And Modelling

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