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This research is inspired from monitoring the process covariance structure of q attributes where samples are independent, having been collected from a multivariate normal distribution with known mean vector and unknown covariance matrix. The focus is on two matrix random variables, constructed from different Wishart ratios, that describe the process for the two consecutive time periods before and immediately after the change in the covariance structure took place. The product moments of these constructed random variables are highlighted and set the scene for a proposed measure to enable the practitioner to calculate the run-length probability to detect a shift immediately after a change in the covariance matrix occurs. Our results open a new approach and provides insight for detecting the change in the parameter structure as soon as possible once the underlying process, described by a multivariate normal process, encounters a permanent/sustained upward or downward shift. [ABSTRACT FROM AUTHOR]

Modeling wind speed data is the prime requirement for harnessing the wind energy potential at a given site. While the Weibull distribution is the most commonly employed distribution in the literature and in practice, numerous scientific articles have proposed various alternative continuous probability distributions to model the wind speed at their convenient sites. Fitting the best distribution model to the data enables the practitioners to estimate the wind power density more accurately, which is required for wind power generation. In this paper we comprehensively review fourteen continuous probability distributions, and investigate their fitting capacities at seventeen locations of India covering the east and west offshore corner as well as the mainland, which represents a large variety of climatological scenarios. A first main finding is that wind speed varies a lot inside India and that one should treat each site individually for optimizing wind power generation. A second finding is that the wide acceptance of the Weibull distribution should at least be questioned, as it struggles to represent wind regimes with heterogeneous data sets exhibiting multimodality, high levels of skewness and/or kurtosis. Our study reveals that mixture distributions are very good alternative candidates that can model difficult shapes and yet do not require too many parameters. [ABSTRACT FROM AUTHOR]