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Analytics Ontology
QName: fibo-fnd-utl-alx:
This ontology provides mathematical abstractions for use in other ontologies, including for example the basic components of formulae, parameters and values.
http://opensource.org/licenses/MIT
http://www.w3.org/standards/techs/owl#w3c_all
Copyright (c) 2013-2019 EDM Council, Inc.
Copyright (c) 2013-2019 Object Management Group, Inc.
https://spec.edmcouncil.org/fibo/ontology/FND/AgentsAndPeople/Agents/
https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Arrangements/
https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/Documents/
https://spec.edmcouncil.org/fibo/ontology/FND/Arrangements/IdentifiersAndIndices/
https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/BusinessDates/
https://spec.edmcouncil.org/fibo/ontology/FND/DatesAndTimes/FinancialDates/
https://spec.edmcouncil.org/fibo/ontology/FND/Places/Countries/
https://spec.edmcouncil.org/fibo/ontology/FND/Relations/Relations/
https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/AnnotationVocabulary/
fibo-fnd-utl-alx
Analytics.rdf
The https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics.rdf version of this ontology was modified per the FIBO 2.0 RFC.
The https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics.rdf version of this ontology was modified per the issue resolutions identified in the FIBO FND 1.0 FTF report and in https://spec.edmcouncil.org/fibo/ontology/FND/1.0/AboutFND-1.0/.
The https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics.rdf version of this ontology was modified to address issue FIBOFND11-20, which added the definition of Calculation and corrected a reasoning issue related to the use of a custom datatype.
The https://spec.edmcouncil.org/fibo/ontology/FND/Utilities/Analytics.rdf version of this ontology was modified to use the CombinedDateTime datatype for greater flexibility in analytics and integrate the generic statistical measures and measurements from the economic indicators ontology to FND to facilitate broader use.
This ontology was added to Foundations in advance of the June 2014 Boston meeting in support of the IND RFC.
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annualized standard deviation
QName: fibo-fnd-utl-alx:AnnualizedStandardDeviation
standard deviation for some measure over a specific reference period
Standard deviation applied to the annual rate of return of an investment provides insights on the historical volatility of that investment. The greater the standard deviation of the price of a security, the greater the volatility. Multiplying monthly standard deviation by the square root of twelve (12) is an industry standard method of approximating annualized standard deviations of monthly returns.
arithmetic mean
QName: fibo-fnd-utl-alx:ArithmeticMean
sum of a collection of numbers divided by the number of numbers in the collection
While the arithmetic mean is often used to report central tendencies, it is not a robust statistic, meaning that it is greatly influenced by outliers (values that are very much larger or smaller than most of the values). Notably, for skewed distributions, such as the distribution of income for which a few people's incomes are substantially greater than most people's, the arithmetic mean may not accord with one's notion of 'middle', and robust statistics, such as the median, may be a better description of central tendency.
aspect
QName: fibo-fnd-utl-alx:Aspect
charateristic or feature that can be used to dimensionalize, filter, or subset something
average absolute deviation
QName: fibo-fnd-utl-alx:AverageAbsoluteDeviation
average of the absolute deviations from a central point
The central point can be the mean, median, mode, or the result of another measure of central tendency. Absolute deviation is the distance between each value in the data set and that data set's mean or median.
mean absolute deviation
calculation formula
QName: fibo-fnd-utl-alx:CalculationFormula
mathematical formula that transforms one or more inputs into an amount or number of something
constant
QName: fibo-fnd-utl-alx:Constant
symbol that represents a value that does not change (i.e., is fixed) with respect to a formula or expression
1
1
difference
QName: fibo-fnd-utl-alx:Difference
quantity by which amounts differ; the remainder left after subtraction of one value from another
1
dispersion
QName: fibo-fnd-utl-alx:Dispersion
degree of scatter or variability shown by observations
Common examples of measures of statistical dispersion are the variance, standard deviation, and interquartile range. The collection size argument, above, represents the number of elements in the set, if known. The collection of values under consideration is represented as a structured collection in FIBO, typically a sample set derived from a finite population.
http://stats.oecd.org/glossary/detail.asp?ID=3637
A measure of statistical dispersion is a nonnegative real number that is zero if all the data are the same and increases as the data become more diverse.
It is usually measured as an average deviation about some central value (e.g. mean deviation, standard deviation) or by an order statistic (e.g. quartile deviation, range) but may also be a mean of deviations of values among themselves (e.g. Gini’s mean difference and also standard deviation).
0
0
expression
QName: fibo-fnd-utl-alx:Expression
finite combination of symbols that are well-formed according to applicable rules
finite population
QName: fibo-fnd-utl-alx:FinitePopulation
population for which it is possible to count its units
http://stats.oecd.org/glossary/detail.asp?ID=3649
In statistics, a population is a set of similar items or events of interest for some question or experiment. In other words, a population is the complete group of units to which survey results are to apply. (These units may be persons, animals, objects, businesses, trips, etc.). See http://www.statcan.gc.ca/edu/power-pouvoir/glossary-glossaire/5214842-eng.htm#p.
formula
QName: fibo-fnd-utl-alx:Formula
general fact or rule expressed in letters and symbols; may consist of one or more expressions
geometric mean
QName: fibo-fnd-utl-alx:GeometricMean
mean that indicates the central tendency or typical value of a set of numbers by using the product of their values (as opposed to the arithmetic mean which uses their sum)
The geometric mean is defined as the nth root of the product of n numbers. A geometric mean is often used when comparing different items - finding a single 'figure of merit' for these items - when each item has multiple properties that have different numeric ranges. For example, the geometric mean can give a meaningful 'average' to compare two companies which are each rated at 0 to 5 for their environmental sustainability, and are rated at 0 to 100 for their financial viability. If an arithmetic mean were used instead of a geometric mean, the financial viability is given more weight because its numeric range is larger - so a small percentage change in the financial rating (e.g. going from 80 to 90) makes a much larger difference in the arithmetic mean than a large percentage change in environmental sustainability (e.g. going from 2 to 5).
mean
QName: fibo-fnd-utl-alx:Mean
most common measure of central tendency; the average of a set of numbers
μ
http://www.statcan.gc.ca/edu/power-pouvoir/glossary-glossaire/5214842-eng.htm#m
https://stats.oecd.org/glossary/detail.asp?ID=3762
https://www.census.gov/glossary/#term_Mean
When unqualified, the mean usually refers to the expectation of a variate, or to the arithmetic mean of a sample used as an estimate of the expectation.
expected value
first (raw) moment
measure
QName: fibo-fnd-utl-alx:Measure
amount or degree of something; the dimensions, capacity, or amount of something ascertained by measuring
https://stats.oecd.org/glossary/detail.asp?ID=7062
Measure refers to the phenomenon or phenomena to be measured in a data set. In a data set, the instance of a measure is often called an observation.
median
QName: fibo-fnd-utl-alx:Median
value of the variate dividing the total frequency of a data sample, population, or probability distribution, into two halves
https://stats.oecd.org/glossary/detail.asp?ID=3717
https://www.census.gov/glossary/#term_Median
The basic advantage of the median in describing data compared to the mean is that it is not skewed by extremely large or small values, and may provide a better idea of a 'typical' value.
This measure represents the middle value (if n is odd) or the average of the two middle values (if n is even) in an ordered list of data values. The median divides the total frequency distribution into two equal parts: one-half of the cases fall below the median and one-half of the cases exceed the median.
median absolute deviation
QName: fibo-fnd-utl-alx:MedianAbsoluteDeviation
median of the absolute deviations of observations from the average which may be the arithmetic mean, the median or the mode
1
1
numeric index
QName: fibo-fnd-utl-alx:NumericIndex
change in some aggregate relative to the value of the aggregate at a reference period
http://www.statcan.gc.ca/edu/power-pouvoir/glossary-glossaire/5214842-eng.htm#i
a mathematical device or number which is used to express the observation (e.g., price level, volume of trade, relative amount etc.) of a given period, in comparison with that of a base period
percentage
QName: fibo-fnd-utl-alx:Percentage
ratio value expressed as a fraction of 100, i.e., in which the denominator is fixed rather than variable and equal to 100
The percent value is computed by multiplying the numeric value of the ratio by 100.
While many percentage values are between 0 and 100, there is no mathematical restriction and percentages may take on other values (positive or negative), particularly in the case of comparisons (percent change).
ratio
QName: fibo-fnd-utl-alx:Ratio
proportional relationship between two different numbers or quantities, or in mathematics a quotient of two numbers or expressions, arrived at by dividing one by the other
http://www.statcan.gc.ca/edu/power-pouvoir/glossary-glossaire/5214842-eng.htm#p.
https://stats.oecd.org/glossary/detail.asp?ID=6688
2
ratio expression
QName: fibo-fnd-utl-alx:RatioExpression
proportional relationship specifically between two different quantities or expressions, arrived at by dividing one by the other
2
ratio value
QName: fibo-fnd-utl-alx:RatioValue
proportional relationship specifically between two different quantity values that gives rise to a datum of a specific quantity type
sampling variance
QName: fibo-fnd-utl-alx:SamplingVariance
measure of the extent to which the estimate of a characteristic from different possible samples of the same size and the same design differ from one another
http://www.statcan.gc.ca/pub/12-587-x/12-587-x2003001-eng.pdf
https://stats.oecd.org/glossary/detail.asp?ID=3834
The word “sampling” can usually be omitted, as being defined by the context or otherwise understood. The sampling variance of a statistic is the square of its standard error.
standard deviation
QName: fibo-fnd-utl-alx:StandardDeviation
square root of variance, standard deviation measures the spread or dispersion around the mean of a data set
SD
σ
http://www.statcan.gc.ca/edu/power-pouvoir/glossary-glossaire/5214842-eng.htm#s
https://stats.oecd.org/glossary/detail.asp?ID=3845
https://www.census.gov/glossary/#term_Standarddeviation
The most widely used measure of dispersion of a frequency distribution introduced by K. Pearson (1893). It is equal to the positive square root of the variance. The standard deviation should not be confused with the root mean square deviation.
While standard deviation is the most widely-used measure of spread, using squared deviations, it may not be the most robust.
statistical area
QName: fibo-fnd-utl-alx:StatisticalArea
physical location that is defined per some program for designating geographic regions for the purposes of tabulating and presenting statistical data
U.S. Bureau of Labor Statistics and Statistics Canada reference definitions - https://wiki.edmcouncil.org/display/IND/Statistics+Canada+Census+Information
U.S. Bureau of Labor Statistics and Statistics Canada reference definitions - https://wiki.edmcouncil.org/pages/viewpage.action?pageId=6358041
1
statistical area identifier
QName: fibo-fnd-utl-alx:StatisticalAreaIdentifier
identifier for a physical location that is defined per a nationally consistent program for designating geographic regions for the purposes of tabulating and presenting statistical data
U.S. Bureau of Labor Statistics and Statistics Canada reference definitions - https://wiki.edmcouncil.org/display/IND/Statistics+Canada+Census+Information
U.S. Bureau of Labor Statistics and Statistics Canada reference definitions - https://wiki.edmcouncil.org/pages/viewpage.action?pageId=6358041
0
0
0
0
1
statistical measure
QName: fibo-fnd-utl-alx:StatisticalMeasure
summary (means, mode, total, index, etc.) of the individual quantitative variable values for the statistical units in a specific group (study domain)
http://stats.oecd.org/glossary/detail.asp?ID=5068
Statistical measures may consist of several orthogonal characteristics, including (a) whether they reflect an estimate or variable, (b) the datatype, or from a FIBO perspective, nature of the measure (e.g., index, total, ratio, percent, percent change, mean, others), (c) the population (or the universe that applies to the highest level if defined in general) to which the measure applies, and (d) any relevant aspects used to subset or stratify a measure, (i.e., make them apply to a smaller universe).
statistical population
QName: fibo-fnd-utl-alx:StatisticalPopulation
statistical universe filtered by time and region
A common aim of statistical analysis is to produce information about some chosen population. In statistical inference, a subset of the population (a statistical sample) is chosen to represent the population in a statistical analysis. If a sample is chosen properly, characteristics of the entire population that the sample is drawn from can be estimated from corresponding characteristics of the sample.
0
0
statistical program
QName: fibo-fnd-utl-alx:StatisticalProgram
program that presents a detailed investigation and analysis of a subject or situation involving one or more studies or surveys
statistical universe
QName: fibo-fnd-utl-alx:StatisticalUniverse
collection representing the total membership, or 'universe', of people, resources, products, services, events, or entities of interest for some question, experiment, survey or statistical program
A statistical universe can be a group of actually existing objects (e.g. the set of all stars within the Milky Way galaxy) or a hypothetical and potentially infinite group of objects conceived as a generalization from experience (e.g. the set of all possible hands in a game of poker).
total
QName: fibo-fnd-utl-alx:Total
sum of the values for some characteristic of all units
https://wiki.edmcouncil.org/display/IND/Specifying+Statistical+Quantities
variable
QName: fibo-fnd-utl-alx:Variable
symbol that represents a parameter in a formula or expression
variance
QName: fibo-fnd-utl-alx:Variance
measure of spread, calculated as the average squared deviation of each number from the mean of a data set
μ2
σ2
http://www.statcan.gc.ca/edu/power-pouvoir/glossary-glossaire/5214842-eng.htm#v
second moment
actual expression
QName: fibo-fnd-utl-alx:actualExpression
specifies the calculation or expression used to determine the value of something
In cases where some expression can only be calculated in SPARQL or via rules, this property is useful for stating what that calculation should be using the input arguments to the expression.
evaluates
QName: fibo-fnd-utl-alx:evaluates
calculates a quantity value based on some mathematical formula
for calendar year
QName: fibo-fnd-utl-alx:forYear
true
indicates the calendar year for which the statistical measure is applicable
has applicable date period
QName: fibo-fnd-utl-alx:hasApplicableDatePeriod
indicates the date period for which the statistical measure is applicable
has argument
QName: fibo-fnd-utl-alx:hasArgument
indicates a specific input to a function, formula or expression, also known as an independent variable
has independent variable
has base period
QName: fibo-fnd-utl-alx:hasBasePeriod
specifies the base period (typically a prior period) against which a numberic index for a more recent reporting period is compared
has expression
QName: fibo-fnd-utl-alx:hasExpression
specifies a mathematical or other formal expression, which may be part of a formula
has formula
QName: fibo-fnd-utl-alx:hasFormula
specifies a concise way of expressing information symbolically, as in a mathematical or chemical formula
has measurement date time
QName: fibo-fnd-utl-alx:hasMeasurementDateTime
indicates the date and time that the measurement was taken
has measurement period in months
QName: fibo-fnd-utl-alx:hasMeasurementPeriodInMonths
indicates the coverage period for which the measure is applicable expressed in months
has minuend
QName: fibo-fnd-utl-alx:hasMinuend
specifies the quantity value from which something is subtracted; the value that is diminished
has number of entries
QName: fibo-fnd-utl-alx:hasNumberOfEntries
indicates the number of elements in some document, table, or other resource (e.g., in a report, table)
has observed value
QName: fibo-fnd-utl-alx:hasObservedValue
specifies a collection of values over which some analysis is performed
For certain calculations, such as certain measures of dispersion, date value pairs are expected as input, in other words, a dated structured collection.
has operand
QName: fibo-fnd-utl-alx:hasOperand
indicates the operand of a mathematical argument, parameter or other similar concept
has periodicity
QName: fibo-fnd-utl-alx:hasPeriodicity
specifies a recurrence interval (monthly, quarterly, annual) that a statistical measure reflects
has population size
QName: fibo-fnd-utl-alx:hasPopulationSize
indicates the number of elements in a given population
has reference period
QName: fibo-fnd-utl-alx:hasReferencePeriod
specifies a reference (baseline) recurrence interval for which a given economic indicator applies
has release date
QName: fibo-fnd-utl-alx:hasReleaseDate
specifies the release date for a given economic indicator
has release date and time
QName: fibo-fnd-utl-alx:hasReleaseDateTime
specifies a release date and possibly a time for a given indicator or report
has subtrahend
QName: fibo-fnd-utl-alx:hasSubtrahend
specifies the quantity value that is subtracted from something
has universe size
QName: fibo-fnd-utl-alx:hasUniverseSize
indicates the number of elements in a given universe
is calculated via methodology
QName: fibo-fnd-utl-alx:isCalculatedViaMethodology
high-level description of the approach taken to obtain the result
is estimate
QName: fibo-fnd-utl-alx:isEstimate
indicates whether the measure reflects an estimate (approximation) or not
is evaluated by
QName: fibo-fnd-utl-alx:isEvaluatedBy
links a quantity value to the expression that generated it
is a measure of
QName: fibo-fnd-utl-alx:isMeasureOf
indicates the concept being measured