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Turnover flash estimation by purposive sampling and debit card transactions

Turnover flash estimation by purposive sampling and debit card transactions
Turnover flash estimation by purposive sampling and debit card transactions
Improving timeliness is ever more urgent for official statistic, not least due to the potentials of various non-survey big data that in principle can be made more quickly available than traditional sample surveys. Taking Retail Turnover Index as the case-in-point, we develop new approaches of model learning aimed to achieve flash estimation of acceptable accuracy, as well as the associated methods of uncertainty assessment, when one does not have the target observations that would have been required for unbiased inference by established statistical theories. Applications to the Norwegian data will be used to demonstrate the efficacy of our proposals.
Augmented learning, quasi transfer learning, validation of model or learning, error prediction
0282-423X
Zhang, Li-Chun
a5d48518-7f71-4ed9-bdcb-6585c2da3649
Haug, Jens Kristoffer
eb150eb1-d1fd-4710-8551-d474747d4060
Zhang, Li-Chun
a5d48518-7f71-4ed9-bdcb-6585c2da3649
Haug, Jens Kristoffer
eb150eb1-d1fd-4710-8551-d474747d4060

Zhang, Li-Chun and Haug, Jens Kristoffer (2024) Turnover flash estimation by purposive sampling and debit card transactions. Journal of Official Statistics. (In Press)

Record type: Article

Abstract

Improving timeliness is ever more urgent for official statistic, not least due to the potentials of various non-survey big data that in principle can be made more quickly available than traditional sample surveys. Taking Retail Turnover Index as the case-in-point, we develop new approaches of model learning aimed to achieve flash estimation of acceptable accuracy, as well as the associated methods of uncertainty assessment, when one does not have the target observations that would have been required for unbiased inference by established statistical theories. Applications to the Norwegian data will be used to demonstrate the efficacy of our proposals.

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JOS-2024-0014-final - Accepted Manuscript
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More information

Accepted/In Press date: 26 September 2024
Keywords: Augmented learning, quasi transfer learning, validation of model or learning, error prediction

Identifiers

Local EPrints ID: 495537
URI: http://eprints.soton.ac.uk/id/eprint/495537
ISSN: 0282-423X
PURE UUID: 3ce417f8-f3b9-465a-8363-8ff26ae254ae
ORCID for Li-Chun Zhang: ORCID iD orcid.org/0000-0002-3944-9484

Catalogue record

Date deposited: 15 Nov 2024 17:55
Last modified: 16 Nov 2024 02:45

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Contributors

Author: Li-Chun Zhang ORCID iD
Author: Jens Kristoffer Haug

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