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The last decades have not only been characterized by an explosive growth of data, but also an increasing appreciation of data as a valuable resource. Their value comes with the ability to extract meaningful patterns that are of economic,…

Machine Learning · Statistics 2020-02-27 Jonas I. Liechti , Sebastian Bonhoeffer

Estimation of large covariance matrices has drawn considerable recent attention, and the theoretical focus so far has mainly been on developing a minimax theory over a fixed parameter space. In this paper, we consider adaptive covariance…

Statistics Theory · Mathematics 2012-11-05 T. Tony Cai , Ming Yuan

Genetic prediction of complex traits and diseases has attracted enormous attention in precision medicine, mainly because it has the potential to translate discoveries from genome-wide association studies (GWAS) into medical advances. As the…

Methodology · Statistics 2022-03-24 Bingxin Zhao , Shurong Zheng , Hongtu Zhu

It is usual to rely on the quasi-likelihood methods for deriving statistical methods applied to clustered multinomial data with no underlying distribution. Even though extensive literature can be encountered for these kind of data sets,…

Methodology · Statistics 2015-10-21 Juana María Alonso , Nirian Martín , Leandro Pardo

The most widely used techniques for community detection in networks, including methods based on modularity, statistical inference, and information theoretic arguments, all work by optimizing objective functions that measure the quality of…

Social and Information Networks · Computer Science 2020-05-13 Maria A. Riolo , M. E. J. Newman

Dynamic networks, especially those representing social networks, undergo constant evolution of their community structure over time. Nodes can migrate between different communities, communities can split into multiple new communities,…

Social and Information Networks · Computer Science 2017-08-29 Timothy La Fond , Geoffrey Sanders , Christine Klymko , Van Emden Henson

Entity resolution (ER; also known as record linkage or de-duplication) is the process of merging noisy databases, often in the absence of unique identifiers. A major advancement in ER methodology has been the application of Bayesian…

Discovering and characterizing the large-scale topological features in empirical networks are crucial steps in understanding how complex systems function. However, most existing methods used to obtain the modular structure of networks…

Data Analysis, Statistics and Probability · Physics 2014-03-26 Tiago P. Peixoto

Our article considers a regression model with observed factors. The observed factors have a flexible stochastic volatility structure that has separate dynamics for the volatilities and the correlation matrix. The correlation matrix of the…

Other Statistics · Statistics 2011-07-14 Yu-Cheng Ku , Peter Bloomfield , Robert Kohn

A fundamental concept in multivariate statistics, sample correlation matrix, is often used to infer the correlation/dependence structure among random variables, when the population mean and covariance are unknown. A natural block extension…

Statistics Theory · Mathematics 2022-09-09 Zhigang Bao , Jiang Hu , Xiaocong Xu , Xiaozhuo Zhang

We aim to cluster financial assets in order to identify a small set of stocks to approximate the level of diversification of the whole universe of stocks. We develop a data-driven approach to clustering based on a correlation blockmodel in…

Portfolio Management · Quantitative Finance 2021-08-16 Wenpin Tang , Xiao Xu , Xun Yu Zhou

This paper proposes a selective inference procedure for testing equal predictive ability in panel data settings with unknown heterogeneity. The framework allows predictive performance to vary across unobserved clusters and accounts for the…

Econometrics · Economics 2025-07-29 Oguzhan Akgun , Alain Pirotte , Giovanni Urga , Zhenlin Yang

This paper considers the problems of detecting a change point and estimating the location in the correlation matrices of a sequence of high-dimensional vectors, where the dimension is large enough to be comparable to the sample size or even…

Methodology · Statistics 2023-11-07 Zhaoyuan Li , Jie Gao

We propose a mixture of latent trait models with common slope parameters (MCLT) for model-based clustering of high-dimensional binary data, a data type for which few established methods exist. Recent work on clustering of binary data, based…

Methodology · Statistics 2017-10-09 Yang Tang , Ryan P. Browne , Paul D. McNicholas

Evaluating the performance of clustering models is a challenging task where the outcome depends on the definition of what constitutes a cluster. Due to this design, current existing metrics rarely handle multiple clustering models with…

Machine Learning · Computer Science 2025-05-08 Louis Ohl , Fredrik Lindsten

K-means clustering is a workhorse of unsupervised learning, but it is notoriously brittle to outliers, distribution shifts, and limited sample sizes. Viewing k-means as Lloyd--Max quantization of the empirical distribution, we develop a…

Machine Learning · Computer Science 2026-04-14 Vikrant Malik , Taylan Kargin , Babak Hassibi

Modern data-driven and distributed learning frameworks deal with diverse massive data generated by clients spread across heterogeneous environments. Indeed, data heterogeneity is a major bottleneck in scaling up many distributed learning…

Machine Learning · Computer Science 2023-08-23 Amirhossein Reisizadeh , Khashayar Gatmiry , Asuman Ozdaglar

A block covariance structure is widely observed across large-scale and high-dimensional datasets in diverse fields such as biology, medicine, engineering, economics, and finance. This pattern entails partitioning a covariance matrix into…

Methodology · Statistics 2025-04-22 Yifan Yang , Shuo Chen , Ming Wang

Describing the complex dependence structure of extreme phenomena is particularly challenging. To tackle this issue we develop a novel statistical algorithm that describes extremal dependence taking advantage of the inherent hierarchical…

Methodology · Statistics 2018-07-24 Sabrina Vettori , Raphaël Huser , Johan Segers , Marc G. Genton

This paper investigates limiting spectral distribution of a high-dimensional Kendall's rank correlation matrix. The underlying population is allowed to have general dependence structure. The result no longer follows the generalized…

Statistics Theory · Mathematics 2022-09-01 Zeng Li , Cheng Wang , Qinwen Wang
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