Applied Statistics Commons^™

Unlocking The Secrets Of High-Frequency Financial Data: Innovative Approaches To Modeling And Analysis, Lu Zhang

Graduate Research Theses & Dissertations

High-frequency trading (HFT) has emerged as a pivotal innovation in modern financial markets, characterized by rapid, data-driven decision-making processes that capitalize on granular, time-stamped market data. This dissertation examines the predictability of intraday stock price movements during the final 30 minutes of U.S. trading, employing a Bayesian regression model with Student-t error terms to address the limitations of traditional Gaussian-based methods. The analysis reveals a decline in established predictors and the emergence of new dynamics, such as post-Federal Reserve "tug-of-war" effects. The research further advances high-frequency financial modeling by introducing a comprehensive data engineering pipeline and applying cutting-edge deep learning …

Linking Empirical Data And Numerical Simulation To Characterize Dynamic Fire Behavior Associated With Interacting Firelines, Marta Sergeevna Jerebets

Graduate Student Theses, Dissertations, & Professional Papers

Understanding fuel pattern-fire process relationships is key for predicting fire behavior and effects with follow-on benefits to proactive fire management and model validation. To characterize dynamic fire behavior, this thesis leverages empirical data and numerical simulation through two complementary studies.

In the first study, longwave thermal sensors aboard unmanned aerial systems (UAS) were used to capture fine-scale fire behavior in two experimental grass burns. A novel paired design was used to quantify the effects of fuel arrangement on fire behavior with 3.66 m diameter treatments cut to a height of 0.15 m. The treatments ephemerally reduced fire rate of spread …

Predictive Modeling For Healthcare Data Using Nonlinear Bayesian Methods, Prince Kofi Asare

Theses and Dissertations

Unplanned hospital readmissions represent a significant challenge for healthcare systems, contributing to substantial financial burdens and highlighting gaps in patient care coordination. In the U.S., approximately 20% of Medicare beneficiaries are readmitted within 30 days, costing billions annually. Social determinants of health, such as income, housing stability, and social support, account for up to 80% of health outcomes, yet their integration into predictive models remains underexplored. This study introduces a novel Bayesian framework for predicting 30-day readmission risk, combining Gaussian Process models with spike-and-slab priors and Bayesian Lasso regression with Laplace priors. Utilizing Markov Chain Monte Carlo methods, the approach …

Group Antenatal Care Positively Transforms The Care Experience: Results Of An Effectiveness Trial In Malawi, Crystal L. Patil, Kathleen F. Noor, Esnath Kapito, Li C. Liu, Xiaohan Mei, Elizabeth Chodzaza, Genesis Chorwe-Sungani, Ursula Kafuulafula, Elizabeth T. Abrams, Allissa Desloge, Ashley Gresh, Rohan D. Jeremiah, Dhruvi R. Patel, Anne Batchelder, Heidy Wang, Jocelyn Faydenko, Sharon S. Rising, Ellen Chirwa

Department of Medicine Faculty Publications

Background

We developed and tested a Centering-based group antenatal (ANC) model in Malawi, integrating health promotion for HIV prevention and mental health. We present effectiveness data and examine congruence with only the Group ANC theory of change model, which identifies key processes as supportive relationships, empowered partners in learning and care, and meaningful services, leading to better ANC experiences and outcomes.

Methods

We conducted a hybrid effectiveness-implementation trial at seven clinics in Blantyre District, Malawi, comparing outcomes for 1887 pregnant women randomly assigned to Group ANC or Individual ANC. Group effects on outcomes were summarized and evaluated using t-tests, Mann-Whitney, …

Capital Structure Models And Contingent Convertible Securities, Di Meng

Theses and Dissertations (Comprehensive)

The 2007-09 financial crisis showed financial institutions are vulnerable during distressed times. As an alternative resolution to a government bail-out, contingent convertible securities (contingent capital or CoCos) were proposed by various researchers. CoCo is a hybrid capital security that converts from a bond to common equity when a pre-determined event occurs. The loss absorption mechanism of CoCo is essential to the financial health of a bank during a crisis as it provides an instant capital infusion when public capital is difficult to access.

In this thesis, we first implement a methodology to calibrate capital structure models for large Canadian banks. …

Hybrid Mixtures Of Factor Analyzers For High Dimensional Data, Kazeem Abiodun Kareem

Dissertations, Master's Theses and Master's Reports

Factor analysis is a powerful tool for modeling latent structures in high-dimensional data, traditional approaches assume a single global structure, limiting their ability to capture heterogeneity. The Mixture of Factor Analyzers (MFA) extends classical factor analysis by modeling data as a mixture of Gaussian-distributed local subspaces, effectively uncovering cluster-specific latent structures. However, MFA relies on Gaussian mixtures, making it sensitive to outliers and ill-suited for heavy-tailed data. The Mixture of $t$-Factor Analyzers (M$t$FA) addresses these limitations by incorporating multivariate $t$-distributions, improving robustness. Despite their advantages, both MFA and M$t$FA face significant computational challenges in high-dimensional settings, particularly due to costly …

Modeling Neighborhoods As Fuel For Wildfire, Bryce Alan Young

Graduate Student Theses, Dissertations, & Professional Papers

Wildfire models drive billions of dollars in risk mitigation efforts. However, the modeling community currently lacks a representative fuelscape on which to base simulations of fire spread in the built environment and the wildland-urban interface (WUI) where vegetation and structures act together as fuel for wildfire. This thesis advances wildfire risk modeling by addressing the underdeveloped representation of the built environment in existing frameworks. By identifying inconsistencies in how structure and defensible space features are defined and used across empirical studies, predictive indices, and fire spread models, this research lays the groundwork for standardized modeling approaches and feature selection (Chapter …

Impact Of Urban Development On Uv Exposure: A Clustering And Machine Learning Assessment, Taufik Roni Sahroni Mr., Verdi Yasin, Lulut Alfaris, Reza Ariefka, Ruben Cornelius Siagian, Mohammad Alfin Karim, Nana Rahdiana, Ade Suhara

Journal of Environmental Science and Sustainable Development

The relocation of Indonesia's capital city is anticipated to promote inclusive economic growth while embracing cultural diversity. However, this transition may affect ultraviolet (UV) radiation exposure patterns. The study investigated variations in UV exposure in the IKN region, focusing on urban development factors such as land use and population density that affect public health, sun protection, and skin cancer prevention. The research hypothesized that UV radiation is significantly correlated with these factors. UV Index data from 2010-2023, a hierarchical clustering method, identifies complex data patterns without determining the number of clusters. XGBoost, a machine learning model, was used for handling …

Mean From Median Estimation In Longitudinal Meta-Analysis Of Quality Of Life In Radiation Oncology Patients, Harlan R. Sayles

Theses & Dissertations

Meta-analysis of longitudinal data, where some of the studies report results with means and standard errors while others use medians and ranges, is a complex analytical problem with several challenges which must be overcome. Existing methods for estimating means from medians and either ranges, interquartile ranges, or both have not previously been evaluated in a longitudinal setting. In this work, a simulation study was used to estimate mean bias, between studies variance bias, and coverage of confidence intervals in a longitudinal setting. A second simulation study estimated the variance of meta-analysis results from a given set of studies that may …

Calculation And Statistical Analysis Of Wins Above Replacement, Joshua Taylor

Departmental Honors & Graduate Capstone Projects

The Wins Above Replacement (WAR) statistic in Major League Baseball is a prominent metric used to estimate player value by quantifying all aspects of play in terms of wins added to a baseball team. We will use R to calculate WAR for all players from 1871 to 2012 and use data from those years to construct multivariate predictive models to attempt to estimate WAR for players from 2013 to 2024. We find strong correlations between predicted and actual WAR values for most models, with the exception of the polynomial predictive model for non-qualified pitchers.

(R2095) On Discrete Hypoexponential Distribution And Integer-Valued Autoregressive Process, K. Krishnakumari, Dais George

Applications and Applied Mathematics: An International Journal (AAM)

Discrete distributions provide a substantive contribution in modeling real world frame work. Though a lot of discrete distributions are available in literature, they are inappropriate to model many practical situations. The conventional discrete distributions like geometric, Negative Binomial and Poisson have limited applications in modeling count and lifetime data. This paper introduces a new two parameter discrete distribution namely, discrete hypoexponential distribution by discretizing the well known hypoexponential distribution. Various distributional and structural properties of the proposed distribution are studied. We introduce a first order auto regressive process with the newly proposed distribution as marginal and study the properties. Depending …

Striking A Balance: Market Shock & Responses In Automotive Components Manufacturing, Emma Lane Mcgahey

All Theses

This thesis examines the effects of extreme market shocks on supply chain dynamics within the automotive industry. Through an analysis of demand data from an automotive manufacturer to its component suppliers (January 2018 to May 2024), the study investigates the relationship between market shocks and supply chain responses, providing insights into how auto components inventory management handles downstream responses to market shocks. With supporting public data—from FRED, BLS, and the U.S. Census Bureau resources—we explore two primary relationships: the impact of market shocks on the Average Standard Deviation of Demand (SDO) and the effect of demand variability on expedited pricing …

A Strategic Insight Into The Market For Carbon Management Capacity, Mahelet G. Fikru, Ting Shen, Jennifer Brodmann, Hongyan Ma

Economics Faculty Research & Creative Works

This study presents the market for carbon management capacity via carbon capture, utilization, and storage technologies, identifying demand and supply forces, as well as clarifying the potential impact of market and non-market-based shocks on technology developers versus adopters. The paper addresses a prevailing gap in market analysis, introducing a microeconomic framework and unique dataset to identify key players, market forces, and policy incentives shaping the carbon capture, utilization, and storage landscape. The analysis equips industry stakeholders, policymakers, and investors with valuable insights regarding (1) leaders in the design, development, and manufacture of carbon capture, utilization, and storage technologies (supply), (2) …

Quantile Regression And Change Point Analysis Of Remote Patient Monitoring Data From Cardiomems Hf System, Shanshan Jia

All Dissertations

Quantile regression provides a sophisticated analytical approach for clinical data, offering deeper insights into patient variability and risk assessment than conventional regression techniques. This study delves into the mathematical underpinnings of quantile regression, highlighting its advantages over ordinary least squares (OLS) regression, particularly in the context of predicting diastolic pulmonary artery pressure (PAP). We explore how this method can be applied to guide clinical interventions more effectively. By leveraging quantile regression’s ability to model different parts of the outcome distribution, we demonstrate its potential to enhance patient care through improved identification of high-risk individuals and the development of more personalized …

(R2116) The Novel Garima Distribution Properties And Nuclear Data Application, Murat Aygün, Ayşe Metin Karakaş

Applications and Applied Mathematics: An International Journal (AAM)

This research introduces a new two-parameter Marshall-Olkin Garima distribution model. The novel model has many sub-models that are useful in modeling real-life data, such as the extended Garima distribution, exponentiated Garima distribution, exponential distribution, Lindley distribution, Kumaraswamy Garima distribution, and normal distribution. The proposed model demonstrates a high level of suitability in modeling both reliability and survival data. It is flexible in accommodating various failures. The quantile function, density shapes, hazard rate functions, and order statistics are a few of the statistical features that have been explored. Maximum likelihood estimation methods were employed to estimate the parameters. Using five data …

Comparison Of Statistical And Machine Learning Genomic Prediction Methods In Plant Breeding: Case Studies In Maize And Soybean, Igor Kuivjogi Fernandes

Graduate Theses and Dissertations

Plant breeding is essential to increase genetic gain and food production worldwide. This study was conducted to evaluate new ways to use machine learning (ML) to tackle plant breeding challenges, where two ideas were tested — the first chapter focuses on how to combine genetic and environmental data using ML to improve the prediction of maize grain yield in multi-environment trials, while the second chapter centers on how to couple feature selection of molecular markers with ML to enhance prediction of yield in soybean, and, in both cases, ML approaches were compared to well-established statistical methods greatly adopted by the …

Policies And Price Controls On The Research And Development Of Orphan Drugs In The United States And The European Union, Bena Pearl Filipczak Smith

Master's Theses

There is substantive literature surrounding the impact of price controls on the research and development (R&D) of new pharmaceutical products. The European Union (EU) and United States (US) are often studied in contrast to examine the influence of price controls as the US has fewer pharmaceutical price controls than the EU.

We find moderate evidence that the US spent more on annual domestic pharmaceutical R&D than the EU between 2004 and 2021, on average, before and after adjusting for GDP growth per capita and year. We find strong evidence that the US increased annual domestic R&D spending at a faster …

Financialization And Price Volatility: An Empirical Analysis On Speculation In The Oil Market, Audry F. Oliveira Carnivale

Electronic Theses and Dissertations

Financialization has facilitated the trade of futures contracts because of deregulatory policies increasing speculation. Speculation has created a more fragile market inducing riskier investments and aggravating price volatility. Three post-Keynesian theories, the financial instability hypothesis, money manager capitalism and markup, explain how policy altering the banking structure has developed financialization from lax regulation. Previous research has emphasized supply and demand as the main determinants of oil price changes, but it’s important to consider how structural changes from policy stimulating a more financialized economy has impacted volatility. With Brent Crude oil price data and West Texas Intermediate (WTI) open interest and …

Cure Rate Analysis Of National Health Insurance Scheme Claims Payment Survival Times In Ghana: The Case Of Pru District, Ahmed Tamimu, Suleman Nasiru, Dioggban Jakperik

Al-Bahir

In this study, cure models have been applied to model National Health Insurance Scheme (NHIS) claims payment data with cured proportion using Pru District in the Bono East Region of Ghana as a case study. The covariates effects were also modelled to investigate the effects of the covariates on the cured proportion. The estimates of the parameters of the models were obtained by directly maximizing the observed likelihood functions. Most estimates of the parameters of the cure models are significant at 5% significance level. The study revealed that the cured claims payments rate increases over time with an estimated cured …

Supplementary Files For: Quantifying The Impact Of Rain-On-Snow Induced Flooding In The Western United States, Emma Watts, Brennan Bean

Browse all Datasets

Serious flooding can happen when rain falls on snow, which we call a rain-on-snow (ROS) event. Increasing our understanding of the behavior of floods resulting from ROS events can help us design better systems to manage flood water and prevent it from causing damage. This thesis explores how ROS events affect streamflow in the Western United States by examining the weather conditions that precede a streamflow surge. We classify stream surges as ROS or non-ROS induced based on these weather conditions, which helps us separate floods caused by ROS events from those caused by other factors. By comparing these different …

Multi-Label Classification Using Conformal Prediction, Chhavi Tyagi

Dissertations

In many machine learning applications, such as image tagging, document classi-fication, and medical diagnosis, a data instance can be associated with multiple classes in parallel so that each instance is associated with multiple response variables simultaneously defining multi-label classification. Standard multi-label classification methods that provide point predictions have been developed. They lack in quantifying the uncertainty of predictions. These methods also lack in accounting for label dependencies and are very computationally expensive. This dissertation develops two methods of multi-label classification using conformal prediction that quantify the uncertainty of predictions. Chapter 1 introduces notations and tools that have been used in …

Investigating Servant Leadership Measurement: A Mixed-Methods Study Integrating Content Analysis And Meta-Analysis, Kai Torsten Schramm

Electronic Theses and Dissertations

This study aimed to understand the similarities and differences among servant leadership measures and the variations in their effect sizes on job performance and job satisfaction. This paper explores how the items in servant leadership measures portrayed the servant leadership construct and how these relate to the outcomes. The researcher used an exploratory sequential mixed methods design. Which involved a qualitative content analysis of the measurement items and a meta-analysis of outcomes, considering the findings from the content analysis. Six key categories determined the three main themes: selfless generosity, inspiring influence, adaptive humility, integrity, empowering, and harmonious engagement. The three …

The Impact Of “Multiple Looks” When Performing Survival Analysis, Quentin Eloise

Electronic Theses and Dissertations

Survival analysis is a critical statistical method in healthcare to assess patient treatment effects and disease progression. Another critical area of statistical methodology in health care is the practice of adaptive designs. Adaptive designs allow for interim analyses to take place during a study and various decisions and actions can take place more ethically. This is beneficial for studies that take multiple years to complete and allows administrators and healthcare providers to make sound decisions as early as possible. A challenging aspect of adaptive designs is that the number of interim analyses is known in advance which is applicable in …

A Machine Learning Based Approach For The Identification Of Fake Bills, Tianyang Lu, Hongyang Pang

Rose-Hulman Undergraduate Mathematics Journal

Fake or counterfeiting currency, which has been around as long as money has existed, is a major economic problem. Since the US dollar is the most popular form of currency globally, it is the most popular currency to counterfeit. The United States Department of Treasury estimates that between $70 million and $200 million in fake bills are in circulation. The Federal Reserve Bank uses special banknote processing systems to count each bill deposited by the bank and examine them for the possibility of counterfeits. These machines have sensors designed to detect general quality of the bills, including paper type, quality …

Bayesian And Deep Generative Modeling In Immunology, Yuqiu Yang

Statistical Science Theses and Dissertations

Due to the accumulation of a large volume of data of different natures such as sequencing data, proteomics data, and clinical data, statistical methods and deep learning algorithms have become increasingly important in the field of immunology. By leveraging the diverse datasets as well as interdisciplinary knowledge from areas like biology and public health, these quantitative methods have revolutionized this field by providing powerful tools for data analysis, modeling, and prediction. This has led to a deeper understanding of the immune system, accelerated the development of novel therapies, and paved the way for personalized and precision medicine approaches in immunology. …

Bayesian Variational Inference In Keyword Identification And Multiple Instance Classification, Yaofang Hu

Statistical Science Theses and Dissertations

This dissertation investigates (1) Variational Bayesian Semi-supervised Keyword Extraction and (2) Variational Bayesian Multimodal Multiple Instance Classification.

The expansion of textual data, stemming from various sources such as online product reviews and scholarly publications on scientific discoveries, has created a demand for the extraction of succinct yet comprehensive information. As a result, in recent years, efforts have been spent in developing novel methodologies for keyword extraction. Although many methods have been proposed to automatically extract keywords in the contexts of both unsupervised and fully supervised learning, how to effectively use partially observed keywords, such as author-specified keywords, remains an under-explored …

Two New Baseball Performance Statistics, Charles H. Smith

Faculty/Staff Personal Papers

Ever since I was a small child I have been interested in both statistics and baseball, so I guess it was inevitable I would eventually find a way to put the two together. In this short note I'd like to suggest a pair of measures that I feel might be useful in interpreting quality of play: one focusing more on hitting, the other on pitching. Let's start with the one concerning hitting.

A Uniformly Most Powerful Test For The Mean Of A Beta Distribution, Richard Ntiamoah Kyei

Electronic Theses and Dissertations

The beta distribution is used in numerous real-world applications, including areas such as manufacturing (quality control) and analyzing patient outcomes in health care. It also plays a key role in statistical theory, including multivariate analysis of variance (MANOVA) and Bayesian statistics. It is a flexible distribution that can account for many different characteristics of real data. To our surprise, there has been very little work or discussion on performing statistical hypothesis testing for the mean when it is reasonable to assume that the population is beta distributed. Many analysts conduct traditional analyses using a t-test or nonparametric approach, try transformations, …

Exploring Healthcare Chatbot Information Presentation: Applying Hierarchical Bayesian Regression And Inductive Thematic Analysis In A Mixed Methods Study, Samuel Nelson Koscelny

All Theses

High blood pressure, also known as hypertension, significantly increases the risk of heart disease and stroke, which are leading causes of death in the United States. While contributing to over 691,000 deaths in 2021 alone in the United States (U.S.), it also imposes immense economic burden on the healthcare system, costing approximately $131 billion annually. One way to address this issue is for increased self-care behaviors and medication adherence, both of which require sufficient health literacy. Despite the importance of health literacy, 90% of U.S. adults struggle with health-related subjects. Overcoming the issues associated with health literacy requires addressing the …

Simulation Study On Confidence Interval Estimation For Standard Deviation With Non-Normal Distributions, Theophilus Oppong Kyeremeh

Electronic Theses and Dissertations

This study explores innovative approaches to constructing confidence intervals for the population standard deviation, σ, in non-normal data scenarios. While the sample standard deviation, s, is widely used, its reliability is compromised when dealing with skewed or heavy-tailed distributions and exhibits sensitivity to outliers. Our research addresses these limitations by investigating alternative estimation methods that offer greater robustness and accuracy.