A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation

In this study, we propose a new descriptive statistic, coefficient of variation function, for functional data analysis and present its utilization. We recommend coefficient of variation function, especially when we want to compare the variation of multiple curve groups and when the mean functions ar...

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Main Authors: İstem Köymen Keser, İpek Deveci Kocakoç, Ali Kemal Şehirlioğlu
Format: Article
Language:English
Published: Istanbul University 2016-09-01
Series:Alphanumeric Journal
Subjects:
Online Access: http://alphanumericjournal.com/media/Issue/volume-4-issue-2-2016/a-new-descriptive-statistic-for-functional-data-functional-c_XL7feRO.pdf
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author İstem Köymen Keser
İpek Deveci Kocakoç
Ali Kemal Şehirlioğlu
author_facet İstem Köymen Keser
İpek Deveci Kocakoç
Ali Kemal Şehirlioğlu
author_sort İstem Köymen Keser
collection DOAJ
description In this study, we propose a new descriptive statistic, coefficient of variation function, for functional data analysis and present its utilization. We recommend coefficient of variation function, especially when we want to compare the variation of multiple curve groups and when the mean functions are different for each curve group. Besides, obtaining coefficient of variation functions in terms of cubic B-Splines enables the interpretation of the first and second derivative functions of these functions and provides a stronger inference for the original curves. The utilization and effects of the proposed statistic is reported on a well-known data set from the literature. The results show that the proposed statistic reflects the variability of the data properly and this reflection gets clearer than that of the standard deviation function especially as mean functions differ.
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spelling doaj.art-e622ec82c23441519887e126b9ac154f2023-02-15T16:18:36ZengIstanbul UniversityAlphanumeric Journal2148-22252016-09-0142110http://dx.doi.org/10.17093/aj.2016.4.2.500018540821482225A New Descriptive Statistic for Functional Data: Functional Coefficient of Variationİstem Köymen Keser0İpek Deveci Kocakoç1Ali Kemal Şehirlioğlu2 Dokuz Eylul University, Department of Econometrics, Faculty of Economics and Administrative Sciences Dokuz Eylul University, Department of Econometrics, Faculty of Economics and Administrative Sciences Dokuz Eylul University, Department of Econometrics, Faculty of Economics and Administrative Sciences In this study, we propose a new descriptive statistic, coefficient of variation function, for functional data analysis and present its utilization. We recommend coefficient of variation function, especially when we want to compare the variation of multiple curve groups and when the mean functions are different for each curve group. Besides, obtaining coefficient of variation functions in terms of cubic B-Splines enables the interpretation of the first and second derivative functions of these functions and provides a stronger inference for the original curves. The utilization and effects of the proposed statistic is reported on a well-known data set from the literature. The results show that the proposed statistic reflects the variability of the data properly and this reflection gets clearer than that of the standard deviation function especially as mean functions differ. http://alphanumericjournal.com/media/Issue/volume-4-issue-2-2016/a-new-descriptive-statistic-for-functional-data-functional-c_XL7feRO.pdf coefficient of variation functiondescriptive statisticsfunctional data analysis
spellingShingle İstem Köymen Keser
İpek Deveci Kocakoç
Ali Kemal Şehirlioğlu
A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation
Alphanumeric Journal
coefficient of variation function
descriptive statistics
functional data analysis
title A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation
title_full A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation
title_fullStr A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation
title_full_unstemmed A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation
title_short A New Descriptive Statistic for Functional Data: Functional Coefficient of Variation
title_sort new descriptive statistic for functional data functional coefficient of variation
topic coefficient of variation function
descriptive statistics
functional data analysis
url http://alphanumericjournal.com/media/Issue/volume-4-issue-2-2016/a-new-descriptive-statistic-for-functional-data-functional-c_XL7feRO.pdf
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