Wavelet theory is a relatively new tool for signal analysis. Although the rst wavelet was derived by Haar in 1909, the real breakthrough came in 1988 when Daubechies derived her famous wavelet design. Since then a lot of wavelets have been designed for many applications. A wavelet is a function that goes to zero at the bounds and between these bounds it behaves like a wave. The word wavelet originates from a combination of wave and the French word for small wave, ondelette. This small wave is convoluted with a signal. This expresses the amount of the overlap of the wavelet as it is shifted over the signal. In other words, where the signal resembles the wavelet, the resulting function will have high magnitude and where it has a totally diere...