Abstract
Governments and other institutions use a host of statistical summaries to track aspects of society across time and space. These range from simple counts of events such as deaths from lung cancer to sophisticated summaries of complex processes. For instance, inflation is monitored by the cost of completing a shopping list carefully designed to reflect the purchases that most citizens would find essential. To give another example, indices such as the Dow Jones summarize stock market performance.
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© 2002 Springer-Verlag New York, Inc.
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(2002). The Nondurable Goods Index. In: Ramsay, J.O., Silverman, B.W. (eds) Applied Functional Data Analysis: Methods and Case Studies. Springer Series in Statistics. Springer, New York, NY. https://doi.org/10.1007/978-0-387-22465-7_3
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DOI: https://doi.org/10.1007/978-0-387-22465-7_3
Publisher Name: Springer, New York, NY
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