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RESEARCH PRODUCT
Electricity consumption prediction with functional linear regression using spline estimators
Jaromír AntochLuboš PrchalPascal SardaMaria Rosaria De Rosasubject
Statistics and Probabilitybusiness.industryB-splineEstimatorelectricity consumption in SardiniaSpline (mathematics)functional linear regressionfunctional responseB-splineARH(1)StatisticsEconometricspenalized least squareElectricityStatistics Probability and UncertaintybusinessFunctional linear regressionMathematicsdescription
A functional linear regression model linking observations of a functional response variable with measurements of an explanatory functional variable is considered. This model serves to analyse a real data set describing electricity consumption in Sardinia. The interest lies in predicting either oncoming weekends’ or oncoming weekdays’ consumption, provided actual weekdays’ consumption is known. A B-spline estimator of the functional parameter is used. Selected computational issues are addressed as well.
year | journal | country | edition | language |
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2010-12-01 | Journal of Applied Statistics |