Weather derivatives: Definitions Heating degree days (HDD): For each day this is max(o, 65-4)where a is the average of the highest and lowest temperature in°F Cooling Degree Days(CDD): For each day this is max( o, A-65)
TEXT Munson, B R, Young, D F and kishi, T H, Fundamentals of Fluid Mechanics, 4th edition, John Wiley son, 2002 REFERENCES Shames IH. Mechanics of Fluids. 3rd Edition