Event Dime
Robust Functional Data Analysis of Dollar Exchange Rates Using Functional Median Polish [version 2; peer review: 2 not approved]
Arts & Culture
- When:
- May 26, 2026 · 8:07 AM
- Source:
- F1000Research
The study utilizes a robust functional exploratory framework to look into the monthly US dollar exchange-rate series over its 34 annual history. The 34 × 12 year-by-month observations were then expounded as smooth functional curves in the monthly domain, with the help of a seven-function Fourier basis expansion. Next, one-way and two-way Functional Median Polish (FMP) has been employed to decompose the data into an overall functional center, row effects, column effects, and residual functions. T