Wavelet based outlier correction for power controlled turning point detection in surveillance systems Economic Modelling
Author
Summary, in English
Detection turning points in unimodel has various applications to time series which have cyclic periods. Related techniques are widely explored in the field of statistical surveillance, that is, on-line turning point detection procedures. This paper will first present a power controlled turning point detection method based on the theory of the likelihood ratio test in statistical surveillance. Next we show how outliers will influence the performance of this methodology. Due to the sensitivity of the surveillance system to outliers, we finally present a wavelet multiresolution (MRA) based outlier elimination approach, which can be combined with the on-line turning point detection process and will then alleviate the false alarm problem introduced by the outliers.
Department/s
Publishing year
2013
Language
English
Pages
317-321
Publication/Series
Economic Modelling
Volume
30
Document type
Journal article
Publisher
Elsevier, Elsevier
Topic
- Economics
Keywords
- Unimodel
- Turning point
- Statistical surveillance
- Outlier
- Wavelet multi-resolution
- Threshold.
Status
Published
ISBN/ISSN/Other
- ISSN: 0264-9993