The resolution and potential value of Australian seasonal rainfall forecasts based on the five phases of the Southern Oscillation Index

Abstract

We assess the resolution of the Southern Oscillation Index (SOI) seasonal rainfall forecasting system and calculate the loss in potential value of the forecasting system using a cost/loss model. Forecasts of the probability of a 'dry' autumn, winter, spring, and summer were obtained for 226 towns across Australia, based on the 5 phases of the SOI. For every town the variance ratio, the observed forecast variance as a proportion of the variance of a perfect forecasting system, was calculated for each season. Value score curves, showing the expected value of the forecasts as a proportion of the expected value of perfect information, were calculated for every town for each season. Maps of varia..