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This article gives a survey of the e-value, a statistical significance measure a.k.a. the evidence rendered by observational data, X, in support of a statistical hypothesis, H, or, the other way around, the epistemic value of H given X. The…

Methodology · Statistics 2020-04-29 Julio Michael Stern , Carlos Alberto de Braganca Pereira

We investigate the ergodic problem of growth-rate maximization under a class of risk constraints in the context of incomplete, It\^{o}-process models of financial markets with random ergodic coefficients. Including {\em value-at-risk}…

Portfolio Management · Quantitative Finance 2008-12-02 Traian A. Pirvu , Gordan Zitkovic

Transformation invariances are present in many real-world problems. For example, image classification is usually invariant to rotation and color transformation: a rotated car in a different color is still identified as a car. Data…

Machine Learning · Computer Science 2022-11-04 Han Shao , Omar Montasser , Avrim Blum

We consider the problem of robustly maximizing the growth rate of investor wealth in the presence of model uncertainty. Possible models are all those under which the assets' region $E$ and instantaneous covariation $c$ are known, and where…

Portfolio Management · Quantitative Finance 2018-01-22 Constantinos Kardaras , Scott Robertson

Standard high-dimensional factor models assume that the comovements in a large set of variables could be modeled using a small number of latent factors that affect all variables. In many relevant applications in economics and finance,…

Econometrics · Economics 2022-02-08 Antoine Djogbenou , Razvan Sufana

Information projections have found important applications in probability theory, statistics, and related areas. In the field of hypothesis testing in particular, the reverse information projection (RIPr) has recently been shown to lead to…

Information Theory · Computer Science 2024-07-31 Tyron Lardy , Peter Grünwald , Peter Harremoës

Clustered binary data with a large number of covariates have become increasingly common in many scientific disciplines. This paper develops an asymptotic theory for generalized estimating equations (GEE) analysis of clustered binary data…

Statistics Theory · Mathematics 2011-03-10 Lan Wang

The spread of infectious disease in a human community or the proliferation of fake news on social media can be modeled as a randomly growing tree-shaped graph. The history of the random growth process is often unobserved but contains…

Probability · Mathematics 2021-01-15 Harry Crane , Min Xu

Hypothesis testing of structure in covariance matrices is of significant importance, but faces great challenges in high-dimensional settings. Although consistent frequentist one-sample covariance tests have been proposed, there is a lack of…

Methodology · Statistics 2020-07-22 Kyoungjae Lee , Lizhen Lin , David Dunson

Test statistics which are invariant under various subgroups of the orthogonal group are shown to provide tests whose powers are asymptotically equal to their level against the usual type of contiguous alternative in models where the number…

Statistics Theory · Mathematics 2016-08-23 Richard A Lockhart

Zellner's $g$-prior is a popular prior choice for the model selection problems in the context of normal regression models. Wang and Sun [J. Statist. Plann. Inference 147 (2014) 95-105] recently adopt this prior and put a special hyper-prior…

Statistics Theory · Mathematics 2016-06-07 Min Wang , Yuzo Maruyama

Consider a convex function that is invariant under an group of transformations. If it has a minimizer, does it also have an invariant minimizer? Variants of this problem appear in nonparametric statistics and in a number of adjacent fields.…

Statistics Theory · Mathematics 2024-07-22 Peter Orbanz

In studying network growth, the conventional approach is to devise a growth mechanism, quantify the evolution of a statistic or distribution (such as the degree distribution), and then solve the equations in the steady state (the…

Physics and Society · Physics 2014-11-05 Babak Fotouhi

We address the problem of testing for the invariance of a probability measure under the action of a group of linear transformations. We propose a procedure based on consideration of one-dimensional projections, justified using a variant of…

Statistics Theory · Mathematics 2022-05-20 Ricardo Fraiman , Leonardo Moreno , Thomas Ransford

There is a considerable literature in case-control logistic regression on whether or not non-confounding covariates should be adjusted for. However, only limited and ad hoc theoretical results are available on this important topic. A…

Statistics Theory · Mathematics 2023-05-19 Siliang Zhang , Jinbo Chen , Zhiliang Ying , Hong Zhang

A standard practice in statistical hypothesis testing is to mention the p-value alongside the accept/reject decision. We show the advantages of mentioning an e-value instead. With p-values, it is not clear how to use an extreme observation…

Methodology · Statistics 2024-04-04 Peter Grünwald

By inferring latent groups in the training data, recent works introduce invariant learning to the case where environment annotations are unavailable. Typically, learning group invariance under a majority/minority split is empirically shown…

Machine Learning · Computer Science 2022-10-19 Yimeng Chen , Ruibin Xiong , Zhiming Ma , Yanyan Lan

We investigate the Bayesian framework for detection of continuous gravitational waves (GWs) in the context of targeted searches, where the phase evolution of the GW signal is assumed to be known, while the four amplitude parameters are…

General Relativity and Quantum Cosmology · Physics 2015-05-13 Reinhard Prix , Badri Krishnan

Non-parametric tests based on permutation, rotation or sign-flipping are examples of group-invariance tests. These tests test invariance of the null distribution under a set of transformations that has a group structure, in the algebraic…

Methodology · Statistics 2022-11-23 Nick W. Koning , Jesse Hemerik

We strengthen the maximal ergodic theorem for actions of groups of polynomial growth to a form involving jump quantity, which is the sharpest result among the family of variational or maximal ergodic theorems. As a consequence, we deduce in…

Dynamical Systems · Mathematics 2026-01-14 Guixiang Hong , Wei Liu