Data processing: measuring – calibrating – or testing – Measurement system in a specific environment – Earth science
Reexamination Certificate
2007-06-12
2007-06-12
Barlow, John (Department: 2863)
Data processing: measuring, calibrating, or testing
Measurement system in a specific environment
Earth science
Reexamination Certificate
active
10900112
ABSTRACT:
The amount of risk in weather derivatives is calculated properly by taking into account a correlation between weather observation sites and a correlation between meteorological elements. A weather prediction method by creating a weather scenario from historical weather data includes a first step of estimating parameters of a weather time-series model based on historical weather data including past plural meteorological elements, a meteorological element correlation between sites, and a correlation between meteorological elements, and a second step of converting random numbers into meteorological elements based on the estimated parameters. The second step is executed a given number of times to create a plurality of weather scenarios.
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Barlow John
Hitachi , Ltd.
Khuu Cindy D.
Mattingly ,Stanger ,Malur & Brundidge, P.C.
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