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The Nelson-Siegel algorithm is primarily used for fitting a smooth curve to the following:
Noise-Control Regulations
Laws or policies implemented to limit the amount of noise pollution in an environment, aiming to protect public health and well-being.
Sawmill
A facility where logs are cut into lumber by machine, converting raw timber into boards and other forms of wood usable for construction.
Local Residents
People who live within a particular area or locality.
Pollution Permits
A system where companies are given allowances to emit a certain amount of pollutants, with the option to buy or sell permits based on their needs.
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