Rain gaugeA rain gauge (also known as udometer, pluviometer, pluviameter, ombrometer, and hyetometer) is an instrument used by meteorologists and hydrologists to gather and measure the amount of liquid precipitation over a predefined area, over a period of time. It is used to determine the depth of precipitation (usually in mm) that occurs over a unit area and measure rainfall amount. The first known rainfall records were kept by the Ancient Greeks, at around 500 BCE.
Return on investmentReturn on investment (ROI) or return on costs (ROC) is a ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favourably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments. In economic terms, it is one way of relating profits to capital invested.
Spatial statisticsSpatial statistics is a field of applied statistics dealing with spatial data. It involves stochastic processes (random fields, point processes), sampling, smoothing and interpolation, regional (areal unit) and lattice (gridded) data, point patterns, as well as and stereology.
Tail value at riskTail value at risk (TVaR), also known as tail conditional expectation (TCE) or conditional tail expectation (CTE), is a risk measure associated with the more general value at risk. It quantifies the expected value of the loss given that an event outside a given probability level has occurred. There are a number of related, but subtly different, formulations for TVaR in the literature. A common case in literature is to define TVaR and average value at risk as the same measure.
GrindelwaldGrindelwald is a village and municipality in the Interlaken-Oberhasli administrative district in the canton of Berne. In addition to the village of Grindelwald, the municipality also includes the settlements of Alpiglen, Burglauenen, Grund, Itramen, Mühlebach, Schwendi, Tschingelberg and Wargistal. Grindelwald village is located at above sea level. Mentioned for the first time in 1146, it has become an important tourist destination of both Switzerland and the Alps since the golden age of alpinism in the 19th century.
Return on capitalReturn on capital (ROC), or return on invested capital (ROIC), is a ratio used in finance, valuation and accounting, as a measure of the profitability and value-creating potential of companies relative to the amount of capital invested by shareholders and other debtholders. It indicates how effective a company is at turning capital into profits. The ratio is calculated by dividing the after tax operating income (NOPAT) by the average book-value of the invested capital (IC).
DolomitesThe Dolomites (Dolomiti doloˈmiːti; Ladin: Dolomites; Dolomiten doloˈmiːtn̩; Dołomiti doɰoˈmiti: Dolomitis), also known as the Dolomite Mountains, Dolomite Alps or Dolomitic Alps, are a mountain range in northeastern Italy. They form part of the Southern Limestone Alps and extend from the River Adige in the west to the Piave Valley (Pieve di Cadore) in the east. The northern and southern borders are defined by the Puster Valley and the Sugana Valley (Italian: Valsugana).
History of the Mediterranean regionThe history of the Mediterranean region and of the cultures and people of the Mediterranean Basin is important for understanding the origin and development of the Mesopotamian, Egyptian, Canaanite, Phoenician, Hebrew, Carthaginian, Minoan, Greek, Persian, Illyrian, Thracian, Etruscan, Iberian, Roman, Byzantine, Bulgarian, Arab, Berber, Ottoman, Christian and Islamic cultures. The Mediterranean Sea was the central superhighway of transport, trade and cultural exchange between diverse peoples encompassing three continents: Western Asia, North Africa, and Southern Europe.
Inverse distance weightingInverse distance weighting (IDW) is a type of deterministic method for multivariate interpolation with a known scattered set of points. The assigned values to unknown points are calculated with a weighted average of the values available at the known points. This method can also be used to create spatial weights matrices in spatial autocorrelation analyses (e.g. Moran's I). The name given to this type of method was motivated by the weighted average applied, since it resorts to the inverse of the distance to each known point ("amount of proximity") when assigning weights.
