The average of the maximum temperature (Tmax) and minimum temperature (Tmin) for a given day as defined 12.00 a.m. to 12.00 p.m. The average temperature is compared with the reference temperature of a weather derivative each day.
The Rantings of the barely human.
The average of the maximum temperature (Tmax) and minimum temperature (Tmin) for a given day as defined 12.00 a.m. to 12.00 p.m. The average temperature is compared with the reference temperature of a weather derivative each day.