Sentences with phrase «uncertainty in the correction»

As a result, I suspect that applying the volcanic correction actually increases the uncertainty in the trend of the adjusted series, because of the uncertainty in the correction.

Not exact matches

«If the geopolitical tension subsides or results in a smaller supply disruption than currently priced in, we are likely to see a sharp pull - back in investor positioning and an even sharper correction in oil prices than the $ 5 or so that might be warranted even as macro uncertainties persist,» U.S. bank Citi said in a note to investors.

Although it's still too early to determine if we are starting the next leg of the correction, market participants are still spooked about regulatory uncertainty in South Korea, not to mention the collapse of another notable project in BitConnect.

«One of the reasons to wait is to find out do we get uncertainty in the market about future economic policy and does that create a correction in the equity market and slow down business engagement?»

These divergences suggest that there is still a lot of uncertainty surrounding satellite temperature records that needs to be resolved, as the range of reasonable assumptions for corrections can lead to large differences in results.

Introduction to investing concepts, including the impact of investing fees on returns and the cost of advice; where returns come from; what indexes are; what mutual funds are; risk and historical returns; taxation issues and TFSAs, RRSPs, and RESPs; the importance of planning and the impact of inflation on long - term plans; the inherent uncertainty in long - term planning and the need to make regular course corrections; and what asset allocation is.

HadSST3 not only greatly expands the amount of raw data processed, it makes some important improvements in how the uncertainties are dealt with and has a more Bayesian probabilistic treatment of the necessary bias corrections.

ISO / IEC Guide 98 - 3:2008 is a reissue of the 1995 version of the Guide to the Expression of Uncertainty in Measurement (GUM), with minor corrections.

In the context of parametric uncertainty for the bias corrections, the determination of uncertainty is associated with a number of underlying assumptions that are uncertain in themselveIn the context of parametric uncertainty for the bias corrections, the determination of uncertainty is associated with a number of underlying assumptions that are uncertain in themselvein themselves.

I would also say that, although TOBS corrections are not done for all global data, the TOBS error uncertainty shown in this chart is probably present in most global data, as probably relatively few stations have an effective observation time of midnight.

This study showed that the formal errors may not capture the true uncertainty in either regional or global ocean mass trends, particularly with regards to the glacial isostatic correction used.

If a bias correction is made which applies to all the measurements in a particular month, the the resulting uncertainty in the global temperature will be just as big as the corresponding uncertainty in any individual cell.

Choice of GIA correction is critical in the trends for the local and regional sea levels, introducing up to 8 mm · yr − 1 uncertainties for individual tide gauge records, up to 2 mm · yr − 1 for regional curves and up to 0.3 — 0.6 mm · yr − 1 in global sea level reconstruction.

The most recent exposition of CRU methodology is Brohan et al 2006, which stated in respect to UHI that they included an allowance of 0.1 deg C / century in the uncertainty, but does not describe any «correction» to the reported average temperature:

Be that as it may, Brohan et al 2006 does not say that they make any «correction» to their records for UHI, only that they make a slight increase in «uncertainty» — a completely different thing even in Gavin - World.

For instance, the dependence of the corrections on other information (such as regional station moves, which in itself has been found on occasion to be inaccurate) can be considered an indication of the uncertainty and limitations of the «corrective approach» that is being sought.

Systemic corrections can be added --- as long as they contain the uncertainty in the magnitude of the correction.

a Uncertainties (2 sigma) du to: data gaps and random errors estimated by RSOA (heavy solid); SST bias - corrections (heavy dashes); urbanisation (light dashes); changes in thermometer exposures on LAT (light solid).

Table 2.2 shows linear trends of the annual optimum averages, and twice their standard errors, for the globe and hemispheres using the restricted maximum likelihood method as in Table 2.1 and allowing for the annual uncertainties due to data gaps, urbanisation over land, and bias corrections to SST.

However unlike the Jones et al. estimates of uncertainty, the optimum average also includes uncertainties in bias corrections to SST up to 1941 (Folland and Parker, 1995) and the uncertainties (as included in Figure 2.1) in the land data component that are due to urbanisation.

A correction field is added to account for ensemble - mean differences between the equilibrium and transient patterns, and uncertainty is allowed for in the emulated result.

Although it's still too early to determine if we are starting the next leg of the correction, market participants are still spooked about regulatory uncertainty in South Korea, not to mention the collapse of another notable project in BitConnect.

Historically, that's an early sign of a correction as sellers try to take gains in advance of uncertainty.»