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2 articles for “Stochastic processes for forecasting”
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Study of Various Forecasting Models for Time Series Data Using Stochastic Processes
Abstract: The data which is in time stamped format is called as time series data. The time series data is everywhere, for example, weather data, stock market data, health care data, sensor data, network data, sales data and many more. Time series have various components due to which the time series data became complex. Trend, seasonality, cyclical, and irregularities, these are different components. As everyone is interested to know about future. …
Published in Journal of Computer Technology & Applications · Vol. 12, Issue 2, 2021 · pp. 26–32 Read article
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Stochastic Modelling for Generating Monthly and Annual Rainfall at Rajasthan
Abstract: Rainfall is a phenomenon, which directly or indirectly affects all the sectors like agriculture, insurance, industry and other allied fields. It is well established that the rainfall is changing on both the global and the regional scales due to global warming. So the prediction of actual amount of rainfall is very complex till now. But now a day’s stochastic rainfall models are widely used in hydrologic analysis for rainfall forecasting. …
Published in Journal of Water Resource Engineering and Management · Vol. 4, Issue 3, 2017 · pp. 28–39 Read article