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Compositional data analysis is carried out either by neglecting the compositional constraint and applying standard multivariate data analysis, or by transforming the data using the logs of the ratios of the components. In this work we…

Methodology · Statistics 2011-06-17 Michail T. Tsagris , Simon Preston , Andrew T. A. Wood

Financial data, such as financial statements, contain valuable and critical information that may assist stakeholders and investors in optimizing their capital to maximize overall economic growth. Since there are many variables in financial…

General Finance · Quantitative Finance 2023-06-06 Tomoshiro Ochiai , Jose C. Nacher

For high dimensional data, some of the standard statistical techniques do not work well. So modification or further development of statistical methods are necessary. In this paper, we explore these modifications. We start with the important…

Statistical Finance · Quantitative Finance 2024-05-29 Arnab Chakrabarti , Rituparna Sen

In compositional data, an observation is a vector with non-negative components which sum to a constant, typically 1. Data of this type arise in many areas, such as geology, archaeology, biology, economics and political science amongst…

Methodology · Statistics 2015-11-25 Michail Tsagris

We introduce a novel approach to compositional data analysis based on $L^{\infty}$-normalization, addressing challenges posed by zero-rich high-throughput data. Traditional methods like Aitchison's transformations require excluding zeros,…

Computation · Statistics 2025-03-28 Pawel Gajer , Jacques Ravel

A data table which is arranged according to two factors can often be considered as a compositional table. An example is the number of unemployed people, split according to gender and age classes. Analyzed as compositions, the relevant…

Methodology · Statistics 2019-04-12 Julie Rendlová , Karel Hron , Kamila Fačevicová , Peter Filzmoser

We review models of compositional growth, which were introduced to explain the growth statistics of various quantities ranging from firm sizes to GDP. In these models, entities are decomposed into units that grow independently. Thus, the…

General Economics · Economics 2024-04-12 José Moran , Massimo Riccaboni

Firm financials are well established as return predictors, being the inspiration for a large set of anomalies in the asset pricing literature. Employing topological data analysis we revisit the question of association between seven of the…

Statistical Finance · Quantitative Finance 2019-11-26 Pawel Dlotko , Wanling Qiu , Simon Rudkin

In this work we introduce declarative statistics, a suite of declarative modelling tools for statistical analysis. Statistical constraints represent the key building block of declarative statistics. First, we introduce a range of relevant…

Artificial Intelligence · Computer Science 2017-12-29 Roberto Rossi , Özgür Akgün , Steven Prestwich , S. Armagan Tarim

Compositional data, also referred to as simplicial data, naturally arise in many scientific domains such as geochemistry, microbiology, and economics. In such domains, obtaining sensible lower-dimensional representations and modes of…

In current applied research the most-used route to an analysis of composition is through log-ratios -- that is, contrasts among log-transformed measurements. Here we argue instead for a more direct approach, using a statistical model for…

Methodology · Statistics 2023-12-19 David Firth , Fiona Sammut

Composition methodologies in the current literature are mainly to promote estimation efficiency via direct composition, either, of initial estimators or of objective functions. In this paper, composite estimation is investigated for both…

Methodology · Statistics 2013-12-31 Lu Lin , Feng Li , Kangning Wang , Lixing Zhu

Age-specific life-table death counts observed over time are examples of densities. Non-negativity and summability are constraints that sometimes require modifications of standard linear statistical methods. The centered log-ratio…

Methodology · Statistics 2025-10-28 Han Lin Shang , Steven Haberman

Composites are often created to facilitate the work of decision-makers. Therefore, practical or theoretical considerations may lead to a priori weights of the indicators forming a composite. Composites that are created a weighted aggregates…

Applications · Statistics 2026-05-28 Andre Beauducel , Ned Kock

We provide a framework for compositional and iterative design and verification of systems with quantitative information, such as rewards, time or energy. It is based on disjunctive modal transition systems where we allow actions to bear…

Logic in Computer Science · Computer Science 2017-02-09 Uli Fahrenberg , Jan Křetínský , Axel Legay , Louis-Marie Traonouez

This communication is based on an original approach linking economical factors to technical and methodological ones. This work is applied to the decision process for mix production. This approach is relevant for costing driving systems. The…

General Physics · Physics 2010-12-01 Alain Bernard , Nicolas Perry , Jean-Charles Delplace , Serge Gabriel

The data science revolution has led to an increased interest in the practice of data analysis. While much has been written about statistical thinking, a complementary form of thinking that appears in the practice of data analysis is design…

Methodology · Statistics 2023-05-24 Lucy D'Agostino McGowan , Roger D. Peng , Stephanie C. Hicks

Comparison is a core task in visual analysis. Although there are numerous guidelines to help users design effective visualizations to aid known comparison tasks, there are few techniques available when users want to make ad hoc comparisons…

Human-Computer Interaction · Computer Science 2022-02-17 Eugene Wu

Quantile regression is a very important tool to explore the relationship between the response variable and its covariates. Motivated by mean regression with LASSO for compositional covariates proposed by Lin et al. (2014), we consider…

Methodology · Statistics 2020-06-02 Xuejun Ma , Ping Zhang

This work was developed aiming to employ Statistical techniques to the field of Music Emotion Recognition, a well-recognized area within the Signal Processing world, but hardly explored from the statistical point of view. Here, we opened…

Machine Learning · Statistics 2021-07-13 Nathalie Deziderio , Hugo Tremonte de Carvalho