I am curious if R or any other open source code can deal with forecasting changes in water elevation based on a predicted/forecasted value of rain.
I have a ton of data that shows water elevations (height ft) measured every hour for almost 30 years. I would like to quantify the relationship between the volume of rainfall received (inches) and change in water elevation (river/lake). In the end, creating a distribution curve that shows the relationship and expected outcome of change in water elevation based on rainfall volumes.
I am only interested in a statistical approach based on data trends over time at this point. I understand when dealing with changes to water body elevations, there are numerous other factors to consider.
Any suggestions on available open source code or references to similar would be appreciated.