A stepwise time series regression procedure for water demand model identification
Journal Article
·
· Water Resources Research; (United States)
- Univ. of Tennessee, Knoxville (USA)
Annual time series water demand has traditionally been studied through multiple linear regression analysis. Four associated model specification problems have long been recognized: (1) the length of the available time series data is relatively short, (2) a large set of candidate explanatory or input variables needs to be considered, (3) input variables can be higholy correlated with each other (multicollinearity problem), and (4) model error series are often highly autocorrelated or even nonstationary. A stepwise time series regression identification procedure is proposed to alleviate these problems. The proposed procedure adopts the sequential input variable selection concept of stepwise regression and the three-step time series model building strategy of Bos and Jenkins. Autocorrelated model error is assumed to follow an autoregressive integrated moving average (ARIMA) process. The stepwise selection procedure begins with a univariate time series demand model with no input variables. Subsequently, input variables are selected and inserted into the equation one at a time until the last entered variable is found to be statistically insignficant. The order of insertion is determined by a statistical measure called between-variable partial correlation. This correlation measure is free from the contamination of serial autocorrelation. Three data sets from previous studies are employed to illustrate the proposed procedure. The results are then comparewd with those from their orginal studies.
- OSTI ID:
- 5339258
- Journal Information:
- Water Resources Research; (United States), Journal Name: Water Resources Research; (United States) Vol. 26:9; ISSN 0043-1397; ISSN WRERA
- Country of Publication:
- United States
- Language:
- English
Similar Records
Vanishing transfer function. [For modeling indoor/outdoor temperature relationship for ACES house]
Stepwise v. 2.21
Building regression cost models for multidatabase systems
Conference
·
Wed Dec 31 23:00:00 EST 1980
·
OSTI ID:5231321
Stepwise v. 2.21
Software
·
Wed Aug 04 20:00:00 EDT 2010
·
OSTI ID:code-45447
Building regression cost models for multidatabase systems
Conference
·
Mon Dec 30 23:00:00 EST 1996
·
OSTI ID:535555