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Advances in data collection and storage have tremendously increased the presence of functional data, whose graphical representations are curves, images or shapes. As a new area of Statistics, functional data analysis extends existing methodologies and theories from the fields of functional...
Persistent link: https://www.econbiz.de/10009131119
This paper uses half-hourly electricity demand data in South Australia as an empirical study of nonparametric modeling and forecasting methods for prediction from half-hour ahead to one year ahead. A notable feature of the univariate time series of electricity demand is the presence of both...
Persistent link: https://www.econbiz.de/10008725785