• Title/Summary/Keyword: Statistical Consulting

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Analysis of Break in Presence During Game Play Using a Linear Mixed Model

  • Chung, Jae-Yong;Yoon, Hwan-Jin;Gardne, Henry J.
    • ETRI Journal
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    • v.32 no.5
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    • pp.687-694
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    • 2010
  • Breaks in presence (BIP) are those moments during virtual environment (VE) exposure in which participants become aware of their real world setting and their sense of presence in the VE becomes disrupted. In this study, we investigate participants' experience when they encounter technical anomalies during game play. We induced four technical anomalies and compared the BIP responses of a navigation mode game to that of a combat mode game. In our analysis, we applied a linear mixed model (LMM) and compared the results with those of a conventional regression model. Results indicate that participants felt varied levels of impact and recovery when experiencing the various technical anomalies. The impact of BIPs was clearly affected by the game mode, whereas recovery appears to be independent of game mode. The results obtained using the LMM did not differ significantly from those obtained using the general regression model; however, it was shown that treatment effects could be improved by consideration of random effects in the regression model.

A Case Study of Six Sigma Project for Reducing the Project Costs through Project Risk Management (프로젝트 위험관리강화를 통한 원가개선의 6시그마 사례)

  • Jung, Ha-Sung;Lee, Dong-Wha;Lee, Min-Koo
    • Journal of Korean Society for Quality Management
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    • v.33 no.3
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    • pp.135-148
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    • 2005
  • This paper considers a six sigma project for reducing the project costs through project risk management. The project follows a disciplined process of five phases: define, measure, analyze, improve, and control. A risk management process map is used to identify process input and output variables. Seven key process input variables are selected by using C&E diagram and X-Y matrix and finally four vital few input variables are selected by the related statistical analysis. The optimum alternatives of the vital few input variables are obtained by the method of PUGH matrix. The process is running on control plan and we obtained substantial project cost reductions in early stage of the control phase.

Economic Evaluation of Early Detection System for Warranty Issues (품질보증 이슈 조기감지 시스템의 경제성 평가)

  • Jung, Sung-Hwan
    • Journal of Korean Society for Quality Management
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    • v.40 no.1
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    • pp.39-48
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    • 2012
  • An early detection system for warranty issues periodically collects customers' claim data and automatically reports alarms about emerging issues based on statistical algorithms. It helps companies to reduce an issue definition time and save the handling cost of warranty claims. This paper provides an evaluation framework to validate the economic effect of an early detection system project. For this purpose, we present economical index of a project with explicit formulas such as ROI(return on investment), PP(payback period), NPV(net present value), PI(profitability index) and IRR(internal rate of return) and analyze the sensitivities of the index according to the variation of project input parameters. The proposed analysis framework is expected to be used for evaluating economic values of various system integration projects.

TAR-GARCH processes as Alternative Models for Korea Stock Prices Data (TAR-GARCH 모형을 이용한 국내 주가 자료 분석)

  • 황선영;김은주
    • The Korean Journal of Applied Statistics
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    • v.13 no.2
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    • pp.437-445
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    • 2000
  • The present paper is introducing a new model so called TAR-GARCH in the context of stock price analysis Conventional models such as AR(l), TAR(l), ARCH(I) and GARCH( 1,1) are briefly reviewed and TAR-GARCH is suggested in analyizing domestic stock prices. Also, relevant iterative estimation procedure is developed. It is seen that TAR-GARCH provides the better fit relative to traditional first order models for stock prices data in Korea.

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The effect of health care reform: Testing the stability of systematic risk

  • Sewell, Daniel K.;Song, Joon-Jin
    • Journal of the Korean Data and Information Science Society
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    • v.21 no.5
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    • pp.945-950
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    • 2010
  • As the U.S. Congress has continued to debate over the health care reform pushed by President Obama, there is an ample reason to believe that the systematic risk of the health care industry, especially health care plan providers, is increasing. This study measures and compares the systematic risk of two health care industry indexes and one portfolio of health care plan providers from before and after the introduction of the health care legislation into Congress in September, 2009. The Capital Asset Pricing Model (CAPM) is used to measure the systematic risk, and a dummy variable approach and the Chow test are used to formally compare the systematic risk from before and after the introduction of the legislation.

Load Forecasting using Hierarchical Clustering Method for Building (계층적 군집분석방법을 활용한 건물 부하의 전력수요예측)

  • Hwang, Hye-Mi;Lee, Sung-Hee;Park, Jong-Bae;Park, Yong-Gi;Son, Sung-Yong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.1
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    • pp.41-47
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    • 2015
  • In recent years, energy supply cases to take advantage of EMS(Energy Management System) are increasing according to high interest of energy efficiency. The important factor for essential and economical EMS operation is the supply and demand plan the hourly power demand of building load using the hierarchical clustering method of variety statistical techniques, and use the real historical data of target load. Also the estimated results of study are obtained the reliability through separate tests of validity.

A Schema Approach to Cognitive Resonance and Its Decision-making Performance

  • Lee Kun Chang;Chung Namho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.931-939
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    • 2003
  • This paper is aimed at proposing a new framework to predict decision performance, by Investigating decision maker's cognitive resonance. We assume that every decision maker has two kinds of schema­emotional schema and rational schema. Cognitive resonance is believed to have a close relationship with the two schemata and decision performance. In literature on decision performance there is no study' seeking relationship among the two schemata ana cognitive resonance. Therefore, our research purposes are twofold: (1) to provide a theoretical basis for the proposed framework describing the causal relationships among two schemata, cognitive resonance, and decision Performance, and (2) to empirically prove its validity applying to. Internet shopping Situation. Based on the questionnaires from 13S- respondents, we used a second order confirmatory factor analysis (CFA) to extract valid constructs, and structural equation model (SEM) to calculate path coefficients and prove the statistical validity of our proposed research model. Experimental results supported our research model with some further research issues.

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A Strategic Approach for Developing a Conceptual Model for Achieving Country Wide Academic Entrepreneurship in Iran

  • Asgari, Omid
    • Journal of Distribution Science
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    • v.12 no.5
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    • pp.93-107
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    • 2014
  • Purpose - The pool of entrepreneurs with progressive qualities such as creativity and innovation was considered concurrently with such factors as work and capital that stimulate economic development and growth. This study aims to present a model to support the development of a strategic approach for achieving an overall academic entrepreneurship system in Iran. Research design, data, and methodology - The research design of this study is based on applied research because of its objectives, using principles and techniques formulated for basic research to solve operational and real organizational issues. This design also drives the method used, describing and interpreting the findings. Secondary data (library research) was used for this study's data collection. Because of this research's essential characteristics, no hypothesis is launched, and no research setting, questionnaire design, population or population sampling, validity or reliability tests, or statistical analysis are needed. Results and Conclusions - The model is created using a strategic approach acting in an octal setting comprising social, cultural, legal, economic, political, technological, competitive, and natural environments to present a conceptual framework for future studies.

A Study on the Prediction Methods of Domestic e-Commerce Market Size (국내전자상거래 시장규모 예측방법에 관한 연구)

  • Choi, Kyo-Won
    • The Journal of Society for e-Business Studies
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    • v.9 no.4
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    • pp.1-17
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    • 2004
  • We guarantee the significance of the provided prediction model and predicted figures from the experts consulting group and we product the prediction figures of the domestic e-commerce market size in future by business subjects, BtoB, BtoG and BtoC. Besides, we do predict by the high raked 6 merchandises in the case of BtoC market size prediction. We use the KNSO(Korea National Statistical Office) BtoB, BtoG and BtoC data to ensure the significance of data.

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An Empirical Study on the Applicability of Growth-share Matrix in the Construction Industry

  • Lee, Seulbi;Park, Moonseo;Lee, Hyun-Soo;Jang, Youjin
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.210-212
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    • 2015
  • The growth-share matrix is a portfolio planning tool developed by the Boston Consulting Group (BCG) to assist competitive positioning in the international market including those in the construction industry. This matrix is helpful in balancing the firm's cash-flow, and it can suggest strategic directions for each business unit. However, its effectiveness and applicability have long been debated in the academic field due to the complex and unique industrial context of construction. To solve the dispute, this research clarifies the applicability of theories underlying the growth-share matrix to the construction industry. Empirical research based on actual financial data of Korean construction firms is adopted for the statistical analysis including one-way analysis of variance and correlation analysis. The results of this research show that empirical findings on the relationship between performance variables. In this context, this research can provide important insights on the concept of portfolio management in the construction industry.

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