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For every month and day-of-week, a Monthly Average Day of Week (MADW) is calculated (84 per year). Each day-of-week's MADW is then calculated across months to calculate an Annual Average Day of Week (AADW) (7 per year). Finally, the AADWs are averaged to calculate an AADT.
The IDF curves can take different mathematical expressions, theoretical or empirically fitted to observed event data. For each duration (e.g. 5, 10, 60, 120, 180 ... minutes), the empirical cumulative distribution function (ECDF), and a determined frequency or return period is set.
The seasonally adjusted annual rate (SAAR) is a rate that is adjusted to take into account typical seasonal fluctuations in data and is expressed as an annual total. SAARs are used for data affected by seasonality, when it could be misleading to directly compare different times of the year. SAARs are often used for car sales.
An annual rate of return is a return over a period of one year, such as January 1 through December 31, or June 3, 2006, through June 2, 2007, whereas an annualized rate of return is a rate of return per year, measured over a period either longer or shorter than one year, such as a month, or two years, annualized for comparison with a one-year ...
Compound annual growth rate (CAGR) is a business, economics and investing term representing the mean annualized growth rate for compounding values over a given time period. [1] [2] CAGR smoothes the effect of volatility of periodic values that can render arithmetic means less meaningful. It is particularly useful to compare growth rates of ...
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