• Title/Summary/Keyword: Watson distribution

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Comparison study on kernel type estimators of discontinuous log-variance (불연속 로그분산함수의 커널추정량들의 비교 연구)

  • Huh, Jib
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.1
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    • pp.87-95
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    • 2014
  • In the regression model, Kang and Huh (2006) studied the estimation of the discontinuous variance function using the Nadaraya-Watson estimator with the squared residuals. The local linear estimator of the log-variance function, which may have the whole real number, was proposed by Huh (2013) based on the kernel weighted local-likelihood of the ${\chi}^2$-distribution. Chen et al. (2009) estimated the continuous variance function using the local linear fit with the log-squared residuals. In this paper, the estimator of the discontinuous log-variance function itself or its derivative using Chen et al. (2009)'s estimator. Numerical works investigate the performances of the estimators with simulated examples.

The Validity Test of Upper·Forearm Coordinate System and the Exploratory Analysis of the Interactive Effect between Flexion/Extension and Pronation/Supination during Elbow Joint Motion (주관절 운동의 상완·전완좌표계 타당도 및 굴곡/신전과 회내/회외의 상호작용)

  • Kim, Jin-Uk
    • Korean Journal of Applied Biomechanics
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    • v.20 no.2
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    • pp.117-127
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    • 2010
  • The axes of upper forearm coordinate system have been considered as principal axis of each segment which was component of elbow joint. The purpose of this study was to verify whether the mean direction(principal axis) of instantaneous axes of rotation for pure flexion/extension motion coincided with the flexion/extension axis of upper forearm coordinate system. The same procedure was done for pronation/supination motion. Furthermore, it was tested indirectly that there was an interaction effect between the two rotational motions. The results showed that most segment coordinate axes statistically were not consistent with the mean directions of flexion/extension and pronation/supination axes of rotation. From the results, it would be concluded that the ISB coordinate systems was proved to be a little valid for human movement analysis. There also was an effect of pronation/supination angles on flexion/extension motion.

The Relationship between Ownership Structure and Conservatism of Companies in Iran

  • Salehi, Mahdi;Abedini, Bizhan;Bahrani, Razieh
    • Journal of Distribution Science
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    • v.12 no.5
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    • pp.27-32
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    • 2014
  • Purpose - Since Iran's economy is only now developing, and its stock market is only now emerging, we should deal with the relationship between ownership structure and conservative accounting of companies to see whether such a relationship exists in Iran's market. This study aims to investigate the relationship between ownership structure and accounting conservatism of listed companies on the Tehran Stock Exchange. Research design, data, and methodology - All listed companies on the Tehran Stock Exchange, for which the required information financial statements (balance sheet, profit and loss account) could be acquired for the period 2007-2012, were studied. A total of 123 companies from various industries was selected. Results - In order to test the hypotheses, multi variate regression (inter procedure), with their meaningful t- and f-statistics, and a Durbin-Watson autocorrelation model were used. Conclusions - The research results show that the ownership of major shareholders and ownership concentration have a negative significant relationship with accounting conservatism. Therefore, as a significant negative relationship between concentration of ownership and accounting conservatism at the 95% confidence level was found, the second hypothesis was confirmed.

An Engle-Granger and Johansen Cointegration Approach in Testing the Validity of Fisher Hypothesis in the Philippines

  • CAMBA, Abraham C. Jr.;CAMBA, Aileen L.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.31-38
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    • 2021
  • This study contributes to the existing literature and tries to analyze the validity of the Fisher hypothesis in the Philippines. Using monthly data from January 1995 to December 2020, the empirical analysis used the Engle-Granger and Johansen cointegration testing technique. The correlation coefficient suggests a strong positive association. All things being equal, a rise in inflation leads to a rise in the nominal interest rate. The unit-root tests show that inflation and the nominal interest rate are both stationary. Based on both Engle-Granger and cointegrating regression Durbin-Watson tests, the nominal interest rate and inflation are cointegrated. Likewise, the results from Johansen cointegration indicate that there exists a long-run relationship between the variables. However, we rejected a one-to-one relationship between nominal interest rate and inflation. The error correction term coefficient (ECM) shows that it is statistically significant suggesting that the nominal interest rate adjusts to the inflation rate with a lag. The Pair-wise Granger Causality test reported a bi-directional causal relationship between nominal interest rate and inflation. Inflation targeting has been the monetary policy framework of choice for most central banks. In essence, the conclusions of this study are useful to central banks because they help them better comprehend the long-run equilibrium relationship between the nominal interest rate and inflation.

Issues and Misconceptions of Financial Inclusion Indices: Evidences from Selected Asian Economies

  • ALI, Jamshed;KHAN, Muhammad Arshad;KHAN, Usman Shaukat;WADOOD, Misbah
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.363-370
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    • 2021
  • This study aims to revisit the issues and misconceptions about financial inclusion (FI) indices. For indices construction, this study uses two approaches: one approach following the methodology of Sarma (2008) which is based on UNDP methodology, while the other is the Dynamic Factor Model (DFM)-based index of Stock and Watson (2002) and Rehman et al. (2021). The data of 18 economies of Asia from 1997 till 2017 is used for indices construction and analysis. The authors constructed macro and micro-level financial inclusion indices based on the different types of financial inclusion indicators. Second, the authors have critically evaluated two different approaches, and the results show that Sarma (2008)-based index show financial inclusion's level, while DFM-based index reveal fluctuation in the current year's financial inclusion level due to the prior variations. For measuring the level of financial inclusion, the Sarma (2008) index is effective, while for forecasting the level of financial inclusion, the DFM approach is more appropriate. Furthermore, the micro and macro aspects of financial inclusion should be reflected in separate indices for better understanding and in-depth insights.

The Impact of the Working Environment and Welfare on Human Resources Maintenance: An Empirical Study in Vietnam

  • KHANH, Vo Thi Van
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.6
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    • pp.447-453
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    • 2021
  • Human resources play a key role in developing and enhancing the manner in which an organization change. In fact, the role of human resource-related quality management has contributed greatly to the growth of the organization in both the short and long term. The purpose of the current study is to identify factors that influence human resource retention in Hanoi in the backdrop of growing economic performance of Hanoi in Vietnam's economy. Primary data was collected through questionnaires of 280 respondents from the four districts in Hanoi, including 25.2% of respondents working in Cau Giay district, 21.2% in Dong Da district, 34.2% in Ha Dong district, and 19.4% in Thanh Xuan district. After applying Cronbach's Alpha and Explore Factor Analysis (EFA) analysis, Durbin-Watson test, empirical results demonstrate that relationship among co-workers has a significant and positive contribution on the maintenance of human resources in the organization. Additionally, higher welfare facilities for an employee are more likely to impact the maintenance of human resources in the organization. Factors such as working environment, job placement, and leadership relationship have no adverse effect on the maintenance of human resources, although a positive impact could be established in all cases.

The Effect of Omni-Channel Characteristics on Customer Satisfaction and Preference - Focusing on Korean and Chinese Consumers - (옴니채널 특성이 고객만족도와 선호도에 미치는 영향 연구 - 한·중 소비자를 중심으로 -)

  • XU XIAOXU;Kim Hye-kyun
    • Journal of the Korea Fashion and Costume Design Association
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    • v.26 no.2
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    • pp.129-140
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    • 2024
  • Omni-channel refers to a distribution channel through which consumers can purchase products without time and place constraints through the fusion of existing online and offline stores. Therefore, a study on the effect of the four characteristics of Omni-channel on customer satisfaction and preference was conducted among 350 and 365 Korean and Chinese consumers, respectively on customers of Olive Young and Watson China, representative drug store brands in Korea and China. Analysis was conducted using IBM SPSS 26.0's statistical package program. Frequency analysis, factor analysis, Cronbach alpha, correlation analysis, and regression analysis were performed. As a result of verifying the effect of Omni-channel characteristics on customer satisfaction, it was found that convenience, accessibility, and price fairness had a significant positive (+) effect on customer satisfaction for Korean and Chinese consumers. Customer satisfaction was found to have a significant positive (+) effect on preference. This is because Korean and Chinese consumers generally had high satisfaction and preference for Olive Young and Watsons.

Preservice Secondary Mathematics Teachers' Statistical Literacy in Understanding of Sample (중등수학 예비교사들의 통계적 소양 : 표본 개념에 대한 이해를 중심으로)

  • Tak, Byungjoo;Ku, Na-Young;Kang, Hyun-Young;Lee, Kyeong-Hwa
    • The Mathematical Education
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    • v.56 no.1
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    • pp.19-39
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    • 2017
  • Taking samples of data and using samples to make inferences about unknown populations are at the core of statistical investigations. So, an understanding of the nature of sample as statistical thinking is involved in the area of statistical literacy, since the process of a statistical investigation can turn out to be totally useless if we don't appreciate the part sampling plays. However, the conception of sampling is a scheme of interrelated ideas entailing many statistical notions such as repeatability, representativeness, randomness, variability, and distribution. This complexity makes many people, teachers as well as students, reason about statistical inference relying on their incorrect intuitions without understanding sample comprehensively. Some research investigated how the concept of a sample is understood by not only students but also teachers or preservice teachers, but we want to identify preservice secondary mathematics teachers' understanding of sample as the statistical literacy by a qualitative analysis. We designed four items which asked preservice teachers to write their understanding for sampling tasks including representativeness and variability. Then, we categorized the similar responses and compared these categories with Watson's statistical literacy hierarchy. As a result, many preservice teachers turned out to be lie in the low level of statistical literacy as they ignore contexts and critical thinking, expecially about sampling variability rather than sample representativeness. Moreover, the experience of taking statistics courses in university did not seem to make a contribution to development of their statistical literacy. These findings should be considered when design preservice teacher education program to promote statistics education.

Stress and fatigue analysis of major components under dynamic loads for a four-row tractor-mounted radish collector

  • Khine Myat Swe;Md Nasim Reza;Milon Chowdhury;Mohammod Ali;Sumaiya Islam;Sang-Hee Lee;Sun-Ok Chung;Soon Jung Hong
    • Korean Journal of Agricultural Science
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    • v.49 no.2
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    • pp.269-284
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    • 2022
  • The development of radish collectors has the potential to increase radish yields while decreasing the time and dependence on human labor in a variety of field activities. Stress and fatigue analyses are essential to ensure the optimal design and machine life of any agricultural machinery. The objectives of this research were to analyze the stress and fatigue of major components of a tractor-mounted radish collector under dynamic load conditions in an effort to increase the design dependability and dimensions of the materials. An experiment was conducted to measure the shaft torque of stem-cutting and transferring conveyor motors using rotary torque sensors at different tractor ground speeds with and without a load. The Smith-Watson-Topper mean stress equation and the rain-flow counting technique were utilized to determine the required shear stress with the distribution of the fatigue life cycle. The severity of the operation was assessed using Miner's theory. All running conditions produced more than 107 of high cycle fatigue strength. Furthermore, the highest severity levels for motor shafts used for stem cutting and transferring and for transportation joints and cutting blades were 2.20, 4.24, 2.07, and 1.07, and 1.97, 3.81, 1.73, and 1.07, respectively, with and without a load condition, except for 5.24 for a winch motor shaft under a load. The stress and fatigue analysis presented in this study can aid in the selection of the most appropriate design parameters and material sizes for the successful construction of a tractor-mounted radish collector, which is currently under development.

The Emotional Intelligence Effects on Foreign LCs' Self-Efficacy and Job Stress (외국계 생명보험 설계사의 감성지능이 직무스트레스에 미치는 영향 : 자기효능감의 매개효과를 중심으로)

  • Jung, Kwang-Jin;Park, Sang-Beom
    • The Journal of Industrial Distribution & Business
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    • v.9 no.5
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    • pp.93-104
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    • 2018
  • Purpose - This study is to investigate the relationship among emotional intelligence, self-efficacy and job stress of foreign life insurance consultants focusing on the mediating effect of self-efficacy. Regarding job security, in general foreign life insurance companies in Korea have more severe working conditions in terms of required contract performance. For foreign life insurance consultants, they are assumed to need higher level of emotional intelligence and self efficacy to meet the conditions. In this study, focus is cast on these aspects. Research design, data, and methodology - Basically the research is conducted upon questionnaires responded by foreign life insurance consultants. That is, data are collected from 255 sample of insurance consultants who work for a foreign owned life insurance company. The Questionnaire measure the level of emotional intelligence, self-efficacy and job stress of insurance consultants. The data are analyzed using pearson's correlation coefficient and hierarchical multiple regression, descriptive statistics, t-test, ANOVA, Durbin-Watson test. Results - The general characteristics of respondents are gender, age, marital status, education level, income monthly, career length, change jobs no, working day per week, call no. per week, meeting no. with client per week, contract regularity, contract no. per month and cancellation contract per year. The mean of emotional intelligence is 2.63, self-efficacy is 3.44 and job stress is 2.20. Emotional intelligence is composed with mean value of self emotion appraisal(3.93), other's emotion appraisal(3.78), regulation of emotion(3.29) and use of emotion(3.52). The mean of self efficacy is composed with mean value of self-confidence(3.41), self-regulated efficacy(3.59) and preference task difficulty(3.30). The job stress is composed with mean value of job requirement(2.61), lack of job autonomy(1.99), conflict of personal relations(1.99), job instability(2.38), organizational system(2.19) and inappropriate compensation(2.07). There is a significant positive correlation between emotional intelligence and self-efficacy. The emotional intelligence and self-efficacy are significantly negative correlation with job stress. The self-efficacy is showed a mediating variable between emotional intelligence and job stress. Conclusions - To decrease job stress level, foreign life insurance company should find the factors to improve the emotional intelligence and self-efficacy of life insurance consultants, and develop appropriate plans using a mediating role of self- efficacy between emotional intelligence and job stress.