Applications of the representative points in statistical simulations |
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Authors: | KaiTai Fang Min Zhou WenJun Wang |
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Affiliation: | 1. Division of Science and Technology, Beijing Normal University-Hong Kong Baptist University, United International College, Zhuhai, 519085, China 2. Institute of Applied Mathematics, Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing, 100190, China 3. Department of Mathematics, Hainan Normal University, Haikou, 510000, China
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Abstract: | ![]() The paper gives a new approach to statistical simulation and resampling by the use of number-theoretic methods and representative points. Resempling techniques take samples from an approximate population. The bootstrap suggests to use a random sample to form an approximate population. We propose to construct some approximate population distribution by the use of two kinds of representative points, and samples are taken from these approximate distributions. The statistical inference is based on those samples. The statistical inference in this paper involves estimation of mean, variance, skewness, kurtosis, quantile and density of the population distribution. Our results show that the new method can significantly improve the results by the use of Monte Carlo methods. |
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Keywords: | bootstrap kernel density estimation normal distribution representative points resampling sta-tistical simulation |
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