𝔖 Bobbio Scriptorium
✦   LIBER   ✦

A statistical evaluation of the efficiency of the climatic normal as a predictor

✍ Scribed by Sabin, Thomas E. ;Shulman, Mark D.


Publisher
Wiley (John Wiley & Sons)
Year
1985
Weight
894 KB
Volume
5
Category
Article
ISSN
2314-6214

No coin nor oath required. For personal study only.

✦ Synopsis


Monthly and annual temperature and precipitation data were studied to determine the most efficient normal for predictive purposes using root mean square error. The number of years over which the normal was calculated was varied, and the value where the minimum error occurred was found to differ considerably from month to month, but there existed some conformity between stations within the same month.

A Monte Carlo simulation was developed for the above procedure. The simulation of the station relocation for temperature data at Flemington, New Jersey suggested that the relocation could limit the most efficient length of the climatic normal to a shorter period. The results from a simulation of annual temperature trends at New Brunswick, New Jersey closely agreed with those found with actual data. Thus, the low value found for the most efficient normal is largely due to these trends. Relocations were found to have little effect on the most efficient normal for precipitation data.

A modified procedure, varying the number of iterations, showed that RMSE was also dependent on the period of record selected. With this procedure the most efficient normal was found to be between 35 and 40 years for a station with minor relocations, and longer for a benchmark station. In most cases, however, there was little difference between a 10-year normal and the most efficient normal.


πŸ“œ SIMILAR VOLUMES


The WISC-R as a predictor of achievement
✍ Richard L. Wikoff πŸ“‚ Article πŸ“… 1979 πŸ› John Wiley and Sons 🌐 English βš– 193 KB πŸ‘ 2 views
Is the Australian wool futures market ef
✍ Graham-Higgs, Jeremy; Rambaldi, Alicia; Davidson, Brian πŸ“‚ Article πŸ“… 1999 πŸ› John Wiley and Sons 🌐 English βš– 248 KB πŸ‘ 2 views

have suggested that, if a futures market provides a forward pricing function, then it is an efficient market. In this article a simple test for whether the Australian Wool Futures market is efficient is proposed. The test is based on applying cointegration techniques to test the Law of One Price ove

The Top of the World as a Climate Sensor
✍ Antje Schwalb; Philip Steeb; Claudia Wrozyna; Roland MΓ€usbacher; Gerhard Daut; J πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons βš– 401 KB