The serious air pollution problem has determined public concerns, worldwide. One of the main challenges for countries all over the world is caused by the elevated levels of ground-level ozone (O3) concentrations and its anthropogenic precursors. Ploiesti city, as one of the major urban area of Romania, is facing the same situation. This research aims to investigate spatial and temporal distribution characteristics of O3 in relationship with nitrogen oxides (NOx) using statistical analysis methods. Hourly O3 and NOx measurements were collected during 2014 year in Ploiesti. The results obtained showed that the ozone spatial distribution was non-normal for each month in 2014. The diurnal cycle of ground-level ozone concentrations showed a mid-day peak, while NOx diurnal variations presented 2 daily peaks, one in the morning (7:00 a.m.) and one in the afternoon (between 5:00 and 7:00 p.m.). In addition, it was observed a distinct pattern of weekly variations for O3 and NOx. Like in many other urban areas, the results indicated the presence of the �ozone weekend effect� in Ploiesti during the 2014 year, ozone concentrations being slightly higher on weekends compared to weekdays. For the same monitoring site, the nitrogen oxides were less prevalent on Saturdays and Sundays, probably due to reducing of road traffic and other pollution-generating activities on weekends than during the week.
Margin Requirements and Equity Option Returns