Search results for "Bootstrap method"
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A Plot-scale uncertainty analysis of saturated hydraulic conductivity of a clay soil
2021
Abstract Simulating soil hydrological processes at the plot or field scale requires using spatially representative values of the saturated soil hydraulic conductivity, Ks. Sampling campaigns should yield a reliable mean of Ks with a sustainable workload since measuring Ks at many points is challenging. Uncertainty analysis can be used to determine the lowest number of measurements that yield a mean Ks value with a specified accuracy level. Potential and limitations of this analysis were tested in this investigation for different extents of the sampled area and sampling densities. A clay soil was sampled intensively on two plots (plot area = 44 m2), two dates and using both small (0.15 m in …
Emergence of statistically validated financial intraday lead-lag relationships
2014
According to the leading models in modern finance, the presence of intraday lead-lag relationships between financial assets is negligible in efficient markets. With the advance of technology, however, markets have become more sophisticated. To determine whether this has resulted in an improved market efficiency, we investigate whether statistically significant lagged correlation relationships exist in financial markets. We introduce a numerical method to statistically validate links in correlation-based networks, and employ our method to study lagged correlation networks of equity returns in financial markets. Crucially, our statistical validation of lead-lag relationships accounts for mult…