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In this paper we derive the optimal linear shrinkage estimator for the high-dimensional mean vector using random matrix theory. The results are obtained under the assumption that both the dimension $p$ and the sample size $n$ tend to…

统计理论 · 数学 2018-07-17 Taras Bodnar , Ostap Okhrin , Nestor Parolya

The main contribution of this paper is the derivation of the asymptotic behaviour of the out-of-sample variance, the out-of-sample relative loss, and of their empirical counterparts in the high-dimensional setting, i.e., when both ratios…

统计金融 · 定量金融 2023-04-19 Taras Bodnar , Nestor Parolya , Erik Thorsén

We estimate the global minimum variance (GMV) portfolio in the high-dimensional case using results from random matrix theory. This approach leads to a shrinkage-type estimator which is distribution-free and it is optimal in the sense of…

统计金融 · 定量金融 2023-04-19 Taras Bodnar , Nestor Parolya , Wolfgang Schmid

Maronna's and Tyler's $M$-estimators are among the most widely used robust estimators for scatter matrices. However, when the dimension of observations is relatively high, their performance can substantially deteriorate in certain…

统计方法学 · 统计学 2026-02-18 Soma Nikai , Yuichi Goto , Koji Tsukuda

We develop and analyze empirical Bayes Stein-type estimators for use in the estimation of causal effects in large-scale online experiments. While online experiments are generally thought to be distinguished by their large sample size, we…

统计方法学 · 统计学 2019-11-15 Drew Dimmery , Eytan Bakshy , Jasjeet Sekhon

We introduce estimation and test procedures through divergence minimiza- tion for models satisfying linear constraints with unknown parameter. These procedures extend the empirical likelihood (EL) method and share common features with…

统计理论 · 数学 2016-11-25 Michel Broniatowski , Amor Keziou

One of the goals in scaling sequential machine learning methods pertains to dealing with high-dimensional data spaces. A key related challenge is that many methods heavily depend on obtaining the inverse covariance matrix of the data. It is…

统计计算 · 统计学 2017-07-28 Tomer Lancewicki

Stein showed that the multivariate sample mean is outperformed by "shrinking" to a constant target vector. Ledoit and Wolf extended this approach to the sample covariance matrix and proposed a multiple of the identity as shrinkage target.…

统计方法学 · 统计学 2014-12-08 Daniel Bartz , Johannes Höhne , Klaus-Robert Müller

Multi-group covariance estimation for matrix-variate data with small within group sample sizes is a key part of many data analysis tasks in modern applications. To obtain accurate group-specific covariance estimates, shrinkage estimation…

统计方法学 · 统计学 2024-03-08 Elizabeth Bersson , Peter D. Hoff

In this article, the exponentiated discrete Lindley distribution is presented and studied. Some important distributional properties are discussed. Using the maximum likelihood method, estimation of the model parameters is investigated.…

统计理论 · 数学 2018-07-27 M. El-Morshedy , M. S. Eliwa , H. Nagy

Analyzing large samples of high-dimensional data under dependence is a challenging statistical problem as long time series may have change points, most importantly in the mean and the marginal covariances, for which one needs valid tests.…

统计方法学 · 统计学 2022-11-07 Fabian Mies , Ansgar Steland

We show that in a common high-dimensional covariance model, the choice of loss function has a profound effect on optimal estimation. In an asymptotic framework based on the Spiked Covariance model and use of orthogonally invariant…

统计理论 · 数学 2017-06-06 David L. Donoho , Matan Gavish , Iain M. Johnstone

The estimation of parameters in a linear model is considered under the hypothesis that the noise, with finite second order statistics, can be represented in a given deterministic basis by random coefficients. An extended underdetermined…

统计理论 · 数学 2014-05-06 Piero Barone , Isabella Lari

The shrinkage function is widely used in matrix low-rank approximation, compressive sensing, and statistical estimation. In this article, an elementary derivation of the shrinkage function is given. In addition, applications of the…

最优化与控制 · 数学 2017-03-30 Toby Boas , Aritra Dutta , Xin Li , Kathryn P. Mercier , Eric Niderman

Many statistical applications require an estimate of a covariance matrix and/or its inverse. When the matrix dimension is large compared to the sample size, which happens frequently, the sample covariance matrix is known to perform poorly…

统计理论 · 数学 2012-07-24 Olivier Ledoit , Michael Wolf

We propose a novel spike and slab prior specification with scaled beta prime marginals for the importance parameters of regression coefficients to allow for general effect selection within the class of structured additive distributional…

统计方法学 · 统计学 2020-06-30 Nadja Klein , Manuel Carlan , Thomas Kneib , Stefan Lang , Helga Wagner

Weighting methods are widely used to adjust for covariates in observational studies, sample surveys, and regression settings. In this paper, we study a class of recently proposed weighting methods which find the weights of minimum…

统计方法学 · 统计学 2019-10-29 Yixin Wang , José R. Zubizarreta

Consider the problem of estimating the Shannon entropy of a distribution over $k$ elements from $n$ independent samples. We show that the minimax mean-square error is within universal multiplicative constant factors of $$\Big(\frac{k }{n…

信息论 · 计算机科学 2016-02-19 Yihong Wu , Pengkun Yang

When evaluating the performance of a model for individualised risk prediction, the sample size needs to be large enough to precisely estimate the performance measures of interest. Current sample size guidance is based on precisely…

We consider the problem of estimating an expected outcome from a stochastic simulation model. Our goal is to develop a theoretical framework on importance sampling for such estimation. By investigating the variance of an importance sampling…

统计方法学 · 统计学 2019-09-27 Yen-Chi Chen , Youngjun Choe