
As technology progresses, we are able to handle larger and larger datasets. At the same time, monitoring devices such as electronic equipment and sensors (for registering images, temperature, etc.) have become more and more sophisticated. This high-tech revolution offers the opportunity to observe phenomena in an increasingly accurate way by producing statistical units sampled over a finer and finer grid, with the measurement points so close that the data can be considered as observations varying over a continuum. Such continuous (or functional) data may occur in biomechanics (e.g. human movements), chemometrics (e.g. spectrometric curves), econometrics (e.g. the stock market index), geophysics (e.g. spatio-temporal events such as El Nino or time series of satellite images), or medicine (electro-cardiograms/electro-encephalograms).It is well known that standard multivariate statistical analyses fail with functional data. However, the great potential for applications has encouraged new methodologies able to extract relevant information from functional datasets. This Handbook aims to present a state of the art exploration of this high-tech field, by gathering together most of major advances in this area. Leading international experts have contributed to this volume with each chapter giving the key original ideas and comprehensive bibliographical information. The main statistical topics (classification, inference, factor-based analysis, regression modelling, resampling methods, time series, random processes) are covered in the setting of functional data.The twin challenges of the subject are the practical issues of implementing new methodologies and the theoretical techniques needed to expand the mathematical foundations and toolbox. The volume therefore mixes practical, methodological and theoretical aspects of the subject, sometimes within the same chapter. As a consequence, this book should appeal to a wide audience of engineers, practitioners and graduate students, as well as academic researchers, not only in statistics and probability but also in the numerous related application areas.
This handbook investigates the methodological and theoretical frameworks required to analyze functional data, where observations are treated as continuous curves rather than discrete points. Editors Frederic Ferraty and Yves Romain compile contributions from international experts to address the limitations of standard multivariate statistical techniques when applied to high-resolution datasets generated by modern sensors and monitoring equipment. The volume provides a comprehensive overview of the mathematical foundations and practical implementations necessary for extracting information from complex, continuous data structures.
What You Will Find
Experts identify this volume as a foundational reference for researchers and graduate students working at the intersection of statistics and high-tech data acquisition. Readers frequently note the academic density of the prose, which balances rigorous mathematical theory with the practical challenges of implementing functional data analysis in real-world scenarios.
Page Count:
448
Publication Date:
2011-01-25
Publisher:
Oxford University Press
ISBN-10:
0199568448
ISBN-13:
9780199568444
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