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We investigate the application of the singular value decomposition to compact-binary, gravitational-wave data-analysis. We find that the truncated singular value decomposition reduces the number of filters required to analyze a given region of parameter space of compact-binary coalescence waveforms by an order of magnitude with high reconstruction accuracy. We also compute an analytic expression for the expected signal loss due to the singular value decomposition truncation.
Cannon et al. (Thu,) studied this question.