RESUME / ABSTRACT  




Verification and the estimation of the value of probability forecasts



par/by

Lawrence Wilson






Originally intended as a way of forecasting the accuracy of deterministic forecasts, ensembles are increasingly used to forecast the probability of occurrence of meteorological events of interest, especially high impact weather events. One way of assessing probability forecasts is to use the relative operating characteristic curve (ROC) to assess the ability of the forecast system to discriminate situations preceding an event of interest from those preceding the non-occurrence of the event. The ROC has become very popular as a tool to verify ensemble forecasts. Related to the ROC is the "potential value" curve developed by Richardson (2000) to evaluate the value of probability forecasts to users who are able to define their cost-loss matrix.

The presentation will include a discussion of some of the theory behind both the ROC and the cost-loss matrix, and will be illustrated with verification results from our own and other ensemble forecast systems.