This article proposes a model-based procedure to decompose a time series uniquely into mutually independent additive seasonal, trend, and irregular noise components. The series is assumed to follow ...

Journal of Applied Meteorology and Climatology, Vol. 59, No. 7 (July 2020), pp. 1239-1259 (21 pages) Drought forecasts could effectively reduce the risk of drought. Data-driven models are suitable ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...