In this study, we propose a multivariate stochastic model for Web site visit duration, page views, purchase incidence, and the sale amount for online retailers. The model is constructed by composition from carefully selected distributions and involves copula components. It allows for the strong...

This article employs Bayesian semiparametric regression methodology to model intraday electricity load data and obtain short-term load forecasts. The role of such forecasts in the New South Wales wholesale electricity market is discussed and the method applied to New South Wales system load...