Zero-Mean Normal Mixture Model

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A Zero-Mean Normal Mixture Model is a normal mixture model (that represents a distribution as a mixture) of multiple normal distribution models with a mean of zero.

  • Context:
    • It can (typically) be used to model data that is generated from multiple underlying processes, where each process produces outcomes centered around zero but with varying variances.
    • It can (often) be applied in fields like signal processing, finance, and machine learning where modeling of complex distributions is necessary.
    • It can (often) require the estimation of parameters like the variances of the normal distributions and their mixing proportions.
    • It can be particularly useful in scenarios where the zero-centered nature of the data is a significant characteristic, such as in certain types of anomaly detection.
    • ...
  • Example(s):
    • A zero-mean normal mixture model used to analyze financial returns, which often exhibit heavy tails and a peak at zero.
    • In signal processing, where it might be used to model noise that is composed of several different underlying types.
    • ...
  • Counter-Example(s):
  • See: Mixture Model, Gaussian Distribution, Model Fitting.


References

2024