Trans-dimensional and Approximate Bayesian Computation. Many applied scientists in Australia, particularly those in the biological, medical and environmental sciences are now interested in incorporating Bayesian statistical methodologies into their research.
The development of more generic and efficient Bayesian statistical methods will not only benefit applied statisticians but also the more occasional users of statistics in other disciplinary areas. The success of this project will enhance Au ....Trans-dimensional and Approximate Bayesian Computation. Many applied scientists in Australia, particularly those in the biological, medical and environmental sciences are now interested in incorporating Bayesian statistical methodologies into their research.
The development of more generic and efficient Bayesian statistical methods will not only benefit applied statisticians but also the more occasional users of statistics in other disciplinary areas. The success of this project will enhance Australia's reputation as a strong contributor to the development of Bayesian methodologies. Two PhD students will also be provided training in computational Bayesian statistics.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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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
Dimension reduction and model selection for statistically challenging data. This project aims to develop a deep theoretical understanding of the relationship between various dimension reduction and model selection methods used in statistical model building, and then use this understanding to develop new, improved methods of model building for statistically challenging data. The research will impact on both the theory and practice of statistics, and on substantive fields which collect and analyse ....Dimension reduction and model selection for statistically challenging data. This project aims to develop a deep theoretical understanding of the relationship between various dimension reduction and model selection methods used in statistical model building, and then use this understanding to develop new, improved methods of model building for statistically challenging data. The research will impact on both the theory and practice of statistics, and on substantive fields which collect and analyse these kinds of data. This will provide a significant improvement in the statistical model building in areas such as epidemiology, chemical and ecological sciences. The project is timely because of the increasing collection of large-dimensional, complex, correlated data sets in these and many other fields.Read moreRead less
Vertically integrated statistical modelling in multi-layered omics studies. This project will develop an adaptive statistical modelling framework that uses information from many omics data to discover a collection of stable and clinically significant biomarkers. Results will enable researchers to better understand the underlying biological system of complex diseases such as cancer, Alzheimer and diabetes.
Reliable and accurate statistical solutions for modern complex data. This project aims to develop novel methods for reliable and accurate statistical modelling with modern, complex correlated and error-prone data. The project expects to make significant strides towards future-proofing statistical data analysis, equipping practitioners with a suite of robust and computationally efficient methods which provide confidence in the stability and reproducibility of results obtained, while offering guar ....Reliable and accurate statistical solutions for modern complex data. This project aims to develop novel methods for reliable and accurate statistical modelling with modern, complex correlated and error-prone data. The project expects to make significant strides towards future-proofing statistical data analysis, equipping practitioners with a suite of robust and computationally efficient methods which provide confidence in the stability and reproducibility of results obtained, while offering guarantees on their transferability over a range of populations. This will provide important benefits as they are applied in predicting endangered marine species for fisheries conservation, and in enhancing our national understanding of the relationship between education achievement and financial success. Read moreRead less
Risk Measures and Management in Finance and Actuarial Science Under Regime-Switching Models. New models for assessing and managing risk of financial products will place Australia at the forefront of risk management. The work will also sustain the competitive edge of Australia as one of the major financial centres in the Asia-Pacific region through enhancing both the theory and practice of financial risk management. The project outcome will also benefit to the country in other areas of risk, for ....Risk Measures and Management in Finance and Actuarial Science Under Regime-Switching Models. New models for assessing and managing risk of financial products will place Australia at the forefront of risk management. The work will also sustain the competitive edge of Australia as one of the major financial centres in the Asia-Pacific region through enhancing both the theory and practice of financial risk management. The project outcome will also benefit to the country in other areas of risk, for example, environment risk, climate change, and energy and security problems.Read moreRead less
Advances in statistical methods for analysing high dimensional count data. This project will lay the methodological foundations for future studies of ecological communities world-wide: whether studying biodiversity; monitoring and testing for an environmental impact of human activities (such as mining or pollution); studying drivers of ecosystem change such as land use, feral animals or climate change. This project will develop and make available new analysis methods that are more readily interp ....Advances in statistical methods for analysing high dimensional count data. This project will lay the methodological foundations for future studies of ecological communities world-wide: whether studying biodiversity; monitoring and testing for an environmental impact of human activities (such as mining or pollution); studying drivers of ecosystem change such as land use, feral animals or climate change. This project will develop and make available new analysis methods that are more readily interpreted, more powerful and more flexible, and that enable the study of some research questions which are difficult or impossible to answer using current methods (e.g. understanding higher-order interactions at the community level). Future biostatisticians will be trained, partly addressing our critical national shortage.Read moreRead less
Statistical methods and tools for integrative microarray analysis. Tools used for biological and medical research have been evolving and there has been an increase in high-throughput technologies such as genome sequencing and DNA microarray. The growing number of entries and the increasing availability of public microarray repositories and other sequence databases have generated the new challenge of developing tools to efficiently integrate data by different research groups. This research provi ....Statistical methods and tools for integrative microarray analysis. Tools used for biological and medical research have been evolving and there has been an increase in high-throughput technologies such as genome sequencing and DNA microarray. The growing number of entries and the increasing availability of public microarray repositories and other sequence databases have generated the new challenge of developing tools to efficiently integrate data by different research groups. This research provides new statistical methods to integrate different data sets. Its application in the biomedical field will allow researchers to effectively interpret the myriad of data generated within the community.Read moreRead less
Statistical and computational methods using a multiscale approach for protein identification and quantification. Proteins are critically important in the onset and ongoing illness associated with disease. Key proteins may serve as markers to diagnose or predict the course of a disease, or even become the target of pharmaceuticals. Accurate, efficient and robust algorithms are a critical component in protein identification. This research provides novel statistical algorithms for protein identific ....Statistical and computational methods using a multiscale approach for protein identification and quantification. Proteins are critically important in the onset and ongoing illness associated with disease. Key proteins may serve as markers to diagnose or predict the course of a disease, or even become the target of pharmaceuticals. Accurate, efficient and robust algorithms are a critical component in protein identification. This research provides novel statistical algorithms for protein identification using multiscale analysis techniques. Their applications in the bio-medical field will enable Australian and international researchers to identify key proteins more accurately, than current methods, leading to improve health, medical, and biological research outcomes.Read moreRead less