TY - CHAP
T1 - Functional data analysis with an application in the capital structure of California Hospitals
AU - Mai, Feng
AU - Wu, Chaojiang
N1 - Publisher Copyright:
© 2015 Springer International Publishing Switzerland.
PY - 2015/1/1
Y1 - 2015/1/1
N2 - This chapter introduces functional data analysis, a relatively new technique for data analysis in Business Analytics. The distinct feature of this technique is that it deals with smooth functions or processes, which generate the discretized data sample that we observe. The functional approach allows us to flexibly model system dynamics, to analyze observations with measurement errors, and to fit data with sparse observations. We illustrate the application of functional data analysis in the capital structure of California hospitals. We also point out the functional data analysis application in business research and future research directions.
AB - This chapter introduces functional data analysis, a relatively new technique for data analysis in Business Analytics. The distinct feature of this technique is that it deals with smooth functions or processes, which generate the discretized data sample that we observe. The functional approach allows us to flexibly model system dynamics, to analyze observations with measurement errors, and to fit data with sparse observations. We illustrate the application of functional data analysis in the capital structure of California hospitals. We also point out the functional data analysis application in business research and future research directions.
UR - http://www.scopus.com/inward/record.url?scp=84944550536&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84944550536&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-11415-6_11
DO - 10.1007/978-3-319-11415-6_11
M3 - Chapter
AN - SCOPUS:84944550536
SN - 9783319114149
SP - 211
EP - 224
BT - Advanced Business Analytics
ER -