A mean-reverting jump-diffusion stochastic model reproduces superdiffusive rainfall behavior with exponent ~1.8, matches probability distributions and multifractal features, and enables control of distribution types and extreme event occurrences through parameter variation.
5 mm/half hour, then we call it an extreme event and it is in line with the guidelines set by Indian Meteorological Department [ 54, 55]
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Controlling the rain fall statistics using Mean-Reverting Jump Diffusion model
A mean-reverting jump-diffusion stochastic model reproduces superdiffusive rainfall behavior with exponent ~1.8, matches probability distributions and multifractal features, and enables control of distribution types and extreme event occurrences through parameter variation.