Almost two years ago I wrote a post titled "
Using Audacity to Get The Most Out of Your Recordings" with the intent of passing along useful information to other audio researchers interested in getting the most from their field recordings. In the time since that post I've refined my techniques and modified a few of the approaches I previously described. So it seems appropriate to revisit that old material and update it with some of the newer tricks I use while post-processing the audio files I've captured.
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Over the last few years I've had the  opportunity to review a lot of 
"wild life" audio which normally involves  digital recorders used to 
capture sounds over great distances. Often  these recordings produce 
faint, noisy results that to the untrained ear  possess nothing of 
interest. But after some looking around and a little  practice, I've 
learned some techniques that work for amplifying weak sounds  while 
filtering out noise to improve audibility. This has allowed me to  go 
back and review hours of recordings that I thought were basically  
empty, only to discover an amazing amount of very interesting audio.  
This has proven so useful that I thought it worth while to pass along  
this information to anyone else who may want to give it a try. So here's
  my approach to post-processing my recordings using Audacity.
First, here's what you'll need: the free audio editing program Audacity  (download from: 
http://audacity.sourceforge.net/
  , get the  1.3.x beta, it's stable and has the features needed for 
this work); a  reasonably good computer (probably the one you're using 
now will be  fine, I used a five year old laptop for most of my 
efforts); and a good  pair of headphones (over the ear type are best, 
you don't want stray  noise getting in the way).
The rest of this post assumes you have isolated short segments of interesting audio worth post-processing. The processes described below may not work very well on exceedingly long audio clips. If you are starting out with a large audio file and need to review it for sounds of interest, I recommend you begin with this post about using 
Audacity to review large audio files.
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After installing Audacity, here's the process I use to first  amplify, 
then high and low pass filter, and then noise filter a recording for  best 
results.
-Open the audio file you wish to edit in Audacity and it will be displayed as a waveform in its own window.
-Go to the "Effect" menu, open  
it, then select "Amplify". The entire audio waveform will be highlighted and a
  window will pop up 
-In the Amplify window it will provide a default  
Amplification(dB) and a New Peak Amplitude(dB). Normally it will  
automatically choose the amplification needed to achieve a new dB level 
 of 0.0. This is often good enough for our purposes, and you can just  
click "OK" and be done.
-On occasion you may wish to use a higher amplification setting, which will cause "clipping" of the loudest sounds in your file. There are times when this is desirable (e.g. to over ride loud clicks in the foreground), and checking the block to "allow clipping" will force this over ride.
-Also note the "Preview" button. This allows you to test the results of the settings you've entered before committing changes to the file.Click it to see if you like what you hear.
-Finally, click OK and the whole audio file will be amplified.
The next thing I do is apply a couple of filters to minimize noise in higher and lower frequency ranges.
The first step is to apply a "Low Pass Filter".
-Go back to the Effect  menu, 
open it, look toward the bottom and click on the Low Pass  Filter.
-In the resulting "Low Pass Filter" window the settings I use most often are as follows: 
-36 for the  "Rolloff 
(dB per octave)" setting
-the default (0.7) for the "Filter  quality" 
setting
-and 1750 for the "Cutoff Frequency (Hz)".
After making these settings, click OK and  the 
frequencies above 1750 hertz will be continually reduced in volume  by 36
 decibels for every octave above 1750. The result is a recording  with 
much of the high end hiss minimized (allowing everything below the 1750 frequency to "pass" unmodified".
Next use the High Pass Filter to minimize low end rumble and wind noise.
-Return to the Effect menu, open it, look toward the bottom and click on the High Pass Filter.
-In the resulting "High Pass Filter" window the settings I use are:
-36 for the  "Rolloff 
(dB per octave)" setting
-the default (0.7) for the "Filter  quality" 
setting
-and 315 for the "Cutoff Frequency (Hz)". 
With these settings in plave, click OK and the frequencies below 315 hertz will be diminished by 36 dB, for each octave blow 315 Hz.
(Before discussing Audacity's Noise Removal tool, let me suggest that if you have access to Adobe Audition, even an older version like 3.0, it's Noise Removal tool offers far better results than anything I've been able to achieve with Audacity.)
Next, we want to use Audacity's "Noise Removal" tool.
-First, click the  little 
icon at the top of Audacity that shows a magnifying glass with a  plus 
symbol in it. This will zoom you in one step for each time you  click 
it.
-Zoom in until you can see the individual seconds of your  recording,
 left to right across the top of the spectrum window.
Look for a section in your recording that has the "noise" you want to  remove, but 
contains none of the faint background sounds that you want to  keep. It takes
 practice, but you'll be able to spot these areas eventually;  they're 
normally the flattest part of the recording's spectrum.
Once  you've 
found that quiet, white noise spot in your recording, use your  mouse to
 click and drag across a couple of seconds of the white noise.  This highlights a short segment of your file and defines an example of the noise signature to be removed by the Noise Removal tool.
-Now, go  to 
the Effect menu again and from there select the "Noise Removal" tool. A
 little window will pop up and at the top, in "Step 1" you'll see a button labeled  
"Get Noise Profile".
-Click it, and the noise sample will be captured.
-Next, on your keyboard, hold down the "ctrl" key and hit the "A" key  
(Ctrl-A for short). This will select the entire audio file again.
-Now  
go back to the Effect menu and select the Noise Removal tool a second  
time.
In the Noise Removal tool section labeled "step 2" there are five settings you can  
adjust. For starters, try using these settings:
-Noise reduction(dB): 12
-Sensitivity(dB): 0.0
-Frequency smoothing (Hz): 150
-Attack/decay time (secs): 0.15 
-Noise - Remove (radio button selection)
The Noise Reduction number is where you get the most bang for  
the buck. If it's a fairly quiet file you're working with, then a  
setting of 6 might be fine. If it's a very noisy file, you might try 12,
  18, or even more. But be sure to use the "Preview" button in the lower
  left corner to see what your result will sound like. If you have the 
Noise  Reduction number set too high, your result will have a "tinny" or
  metallic sound that is worse than the original noise. You want to 
select  a number low enough to minimize that metallic sound, and high 
enough to  minimize the noise in your recording.
-Click OK and the  noise will be filtered from your file.
By this point, the Noise Filter, Low and High Pass  Filters have 
probably knocked the overall volume level of your recording  down a bit.
 So, as a last step, it might be advisable to re-perform the  "Amplify" 
step described above. This should bring the recording level  back up to 
0.0 dB and make it suitable for basic listening on computer  speakers.
Note that we haven't saved our work at any point in this process.
  Now might be a good time to to do so. But instead of saving it, you'll
  want to export it.
-Do this by selecting the "File" menu and then 
clicking  on "Export".
-A box will pop up where you can enter a new file 
name (a  good idea so that you don't over write the original file).
-Type
 in a new  name and then hit OK.
As with anything, a little experimentation might improve your  results. 
So feel free to play with the settings discussed above. But  for a 
quick start to getting the most out of your audio files, these  
suggestions should work for most people.
Now you're done. You have an amplified sound file, with noise  
effectively reduced, and extraneous low and high end frequencies tamped down to
  improve audibility. It's time to give the file a play back through your head  
phones. Turn the volume up to a comfortable setting and you should be  
amazed at how much better the original audio sounds, and how many faint 
 or previously inaudible sounds you can now hear clearly.