File:Cost-of-storms-by-decade.gif

Original caption: "The cost of extreme weather events is rising rapidly and could reach a trillion dollars by 2050. source data: IPCC, 2001" Please note that neither this graph or its revision below includes data from 2000-2005.

This extrapolation graph entitled, "Average yearly inflation-adjusted dollar cost of extreme weather events worldwide," which I used the free 'R' program to create from the data here has been placed in the public domain. The y-axis is "billions," (0 to 1000, although the tick marks omit 1000) the x-axis is "decade," (1960 to 2040, although the data ranges from 1950 to 2050) and the third-degree polynomial extrapolation has an R-squared value of 0.98. Nrcprm2026 20:16, 19 December 2005 (UTC)

Please note that neither of these graphs include any data from 2000-2005.

The earlier proposed revision had confidence bands, an additional degree of freedom, and a nonnegative domain. Its proposed caption was, "The cost of extreme weather is rising rapidly and could reach four trillion dollars by 2020. Historical source data: IPCC, 2001. Some of the increase is due to greater exposure such as building on the coast." The emerging consensus was that it should have been based on a logistic sigmoid fit because the underlying cause is, but the sigmoid had a much weaker fit to the data.

This work has been released into the public domain by its author, Nrcprm2026. This applies worldwide. In some countries this may not be legally possible; if so: Nrcprm2026 grants anyone the right to use this work for any purpose, without any conditions, unless such conditions are required by law.

Transferred from en.wikipedia to Commons using For the Common Good.