Fishing for Planets: A Comparative Analysis of EPRV Survey Performance in the Presence of Correlated Noise

Abstract

Abstract With dedicated exoplanet surveys underway for multiple extreme-precision radial velocity (EPRV) instruments, the near-future prospects of RV exoplanet science are promising. These surveys’ generous time allocations are expected to facilitate the discovery of Earth analogs around bright, nearby Sun-like stars. But survey success will depend critically on the choice of observing strategy, which will determine the survey’s ability to mitigate known sources of noise and extract low-amplitude exoplanet signals. Here we present an analysis of the Fisher information content of simulated EPRV surveys, accounting for the most recent advances in our understanding of stellar variability on both short and long timescales (i.e., oscillations and granulation within individual nights, and activity-induced variations across multiple nights). In this analysis, we capture the correlated nature of stellar variability by parameterizing these signals with Gaussian process kernels. We describe the underlying simulation framework and the physical interpretation of the Fisher information content, and we evaluate the efficacy of EPRV survey strategies that have been presented in the literature. We explore and compare strategies for scheduling observations over various timescales, and we make recommendations to optimize survey performance for the detection of Earth-like exoplanets.