1. A method for classification of an analog electrical signal using statistical models of training data, the method comprising: converting acoustical energy into the analog electrical signal through a transducer; converting the analog electrical signal into a sequence of feature vectors, the feature vectors being multi-dimensional; quantizing a feature vector on a relevant subspace of a first statistical model as a function of a second statistical model, the first statistical model generated from a first training data set and the second statistical model generated from a second training data set, wherein the subspace is a single multi-dimensional Gaussian element in the first statistical model that is the most likely to have generated the multi-dimensional feature vector, the first statistical model and the second statistical model are Gaussian mixture models; receiving a maximum number of bits per feature vector; allocating a number of bits for each dimension of the feature vector by minimizing a LaGrangian cost function subject to the constraint of the received maximum number of bits per feature vector, wherein the minimization is based on the second statistical model; associating the relevant subspace with an index of the Gaussian utilized for quantization of the feature vector; determining a likelihood ratio by dividing the likelihood that the quantized feature vector belongs to the second statistical model by the likelihood that the quantized feature vector belongs to the first statistical model; determining a log-likelihood ratio by computing a logarithm of the likelihood ratio; minimizing a loss in a power of two of the logarithm of the likelihood ratio between the original feature vector and the quantized feature vector; rounding the number of bits for each dimension of the feature vector such that each number of bits is the greatest integer less than or equal to the number of bits determined by minimizing the LaGrangian cost function; counting the difference between the total number of bits across all dimensions of the feature vector yielded by the rounding operation and the received maximum number of bits; iteratively adding one bit to each dimension, in decreasing order of the fractional number of bits removed by the rounding operation, until the number of bits yielded by the determining operation have been reallocated; averaging a series of log-likelihood ratios; and classifying the analog electrical signal as belonging to the second statistical model if the average of the logarithms of likelihood ratios exceeds a predefined classification threshold.