Q: How does this research aim to help the society at large?
A: In the beginning, this project looked at the micro aspects of the housing market — like the location and area of the house. These are usually determinants for the buyer to decide the value of the house and whether a particular house price is reasonable or not within that area.
From the project’s development, I realised that there was an untapped potential to solve macro-level problems too.
At the macro-level, you’re no longer talking about a particular house value but the market itself and would relate to the GDP, employment rate, inflation rates, and other areas that influence the market itself.
We realised that the data needed for this are time-series data which doesn’t fit into our current model. As of now, my research team is currently working to modify and extend the functional relationship model to fit the time-series data.
This bigger area of data would help the policy makers and developers to see the future trend before making their decisions.
Q: As an applied statistician, what’s important for your research to have a greater impact on the related fields?
A: There are two aspects that are very important.
Firstly, data accessibility and accuracy. For applied statisticians, data is very crucial because without it, you can’t do anything. On the other hand, when we do have this data, we must make sure it’s reliable and we do this through data cleansing. If your data isn’t ready, you can’t move on to the analysis stage.
Secondly, statistical skills. Statistical software eases the difficulty faced by many people to generate statistical results — even if the researcher has no statistical background. However, the skills of choosing the appropriate statistical technique and ability to interpret the outputs are essential. I’ve come across articles where inappropriate statistical methods were used and wrong inferences were produced by the researchers.
This is why statistics researchers would always need to collaborate with a subject expert to produce reliable outputs
Q: What are some of the challenges you faced as a researcher in applied statistics and how can they be fixed?
A: Unfortunately, as I mentioned earlier, in Malaysia, it’s very difficult to get raw data and the data that’s usually easily accessible and available are second-hand data. If we were to get it from companies, it’d be very expensive.
So, many researchers resort to collecting data from surveys but there’s also sampling design problems and a low response rate. This will ultimately affect the reliability of the research findings.
I do hope that the government can improve its current open data system to not only provide selected and processed secondary data, but also censored raw data to registered researchers.
On top of that, also for the public to be more open and proactive in responding to questionnaires.
Aside from that, though many disciplines carry out their own statistics, most of the time it’s surface information where you’d need more technique, skills, and experience to get the in-depth information.
One of the main solutions for this is to head towards a cross-disciplinary approach.