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Wavelet analysis for forecasting prices and arrivals of black pepper in Karnataka, India

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Accurate forecasting of Prices and Arrivals of Black pepper is vital for planning and policy purposes. An attempt is made here for modeling and forecasting of Prices and Arrivals of Black pepper for Bengaluru and Somwarpet markets time-series data by using the promising nonparametric methodology of Wavelet analysis in frequency domain. Maximal overlap discrete wavelet transform (MODWT) which, unlike discrete wavelet transform (DWT), does not require the number of data points to be a power of two is employed. Haar wavelet filter is used for computing the same in order to analyze the behaviour of timeseries data in terms of different times and scales. | Wavelet analysis for forecasting prices and arrivals of black pepper in Karnataka India

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