Abstract

Indian economy is critically dependent on monsoon rainfall. Its precise modelling and forecasting is extremely important for efficient planning and other policy implications. A variety of statistical techniques have been employed in the past to achieve the task. Wavelet analysis is a very powerful newly developing methodology for data analysis. In this paper, this methodology with thresholding is thoroughly discussed and applied to model and forecast meteorological subdivision's rainfall time-series data. Comparison with traditional approaches, like Autoregressive integrated moving average time-series approach and Nonparametric regression approach using local linear regression smoother shows superiority of proposed methodology for data set under consideration.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.