• Title/Summary/Keyword: risk functions

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Analysis of Elementary Students' Smartphone Addiction Level by Demographic Features (인구통계학적 특성에 따른 초등학생의 스마트폰 중독 수준 분석)

  • Lee, Soojung
    • The Journal of Korean Association of Computer Education
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    • v.17 no.6
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    • pp.1-8
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    • 2014
  • Recently, use of smartphones has increased so sharply at all ages that addiction problems have emerged. This study analysed factors, focusing on demographic variables, that impact on smartphone addiction of elementary students. First, differences between distributions of addicted groups and those between distributions of most frequently used smartphone functions per variable are analyzed. As a result, grade and academic achievements yield the biggest differences between distributions of addicted groups and gender, grade, and academic achievements yield differences between distributions of most frequently used smartphone functions. Also, differences between distributions of most frequently used smartphone functions per addicted user group are regarded significant. Furthermore, factors affecting smartphone addiction are analysed through the logistic regression analysis and decision trees, where grade, academic achievements, dual-income parents, and residential areas are found affecting in that order.

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Risk Assessment of a High-Speed Railway Bridge System Based on an Improved Response Surface Method

  • Cho, Tae-Jun;Moon, Jae-Woo;Kim, Jong-Tae
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2008.04a
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    • pp.114-119
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    • 2008
  • A refined three-dimensional finite element interaction model between the high-speed train and railway bride deck has been developed in the present study. Analytical predictions of vertical deflections for a railway bridge are compared with in-situ test results and a good agreement is achieved. Then, input variables employed in the analytical comparisons are selected as random variables for the limit state functions. followed by risk assessment. For this purpose, a linear adaptive weighted response surface method has been developed and applied. A typical railway bridge has been selected and the limit state functions are employed from UIC and Korean specifications in the comparative studies. The results reveal that Korean specifications give significantly risky reliability indices in comparison with UIC specifications. It is thus encouraged from the above that the present linear adaptive weighted response surface method can be an alternative for the fast estimation of nonlinear structural systems.

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Application of the Weibull-Poisson long-term survival model

  • Vigas, Valdemiro Piedade;Mazucheli, Josmar;Louzada, Francisco
    • Communications for Statistical Applications and Methods
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    • v.24 no.4
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    • pp.325-337
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    • 2017
  • In this paper, we proposed a new long-term lifetime distribution with four parameters inserted in a risk competitive scenario with decreasing, increasing and unimodal hazard rate functions, namely the Weibull-Poisson long-term distribution. This new distribution arises from a scenario of competitive latent risk, in which the lifetime associated to the particular risk is not observable, and where only the minimum lifetime value among all risks is noticed in a long-term context. However, it can also be used in any other situation as long as it fits the data well. The Weibull-Poisson long-term distribution is presented as a particular case for the new exponential-Poisson long-term distribution and Weibull long-term distribution. The properties of the proposed distribution were discussed, including its probability density, survival and hazard functions and explicit algebraic formulas for its order statistics. Assuming censored data, we considered the maximum likelihood approach for parameter estimation. For different parameter settings, sample sizes, and censoring percentages various simulation studies were performed to study the mean square error of the maximum likelihood estimative, and compare the performance of the model proposed with the particular cases. The selection criteria Akaike information criterion, Bayesian information criterion, and likelihood ratio test were used for the model selection. The relevance of the approach was illustrated on two real datasets of where the new model was compared with its particular cases observing its potential and competitiveness.

Modeling and Forecasting Saudi Stock Market Volatility Using Wavelet Methods

  • ALSHAMMARI, Tariq S.;ISMAIL, Mohd T.;AL-WADI, Sadam;SALEH, Mohammad H.;JABER, Jamil J.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.83-93
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    • 2020
  • This empirical research aims to modeling and improving the forecasting accuracy of the volatility pattern by employing the Saudi Arabia stock market (Tadawul)by studying daily closed price index data from October 2011 to December 2019 with a number of observations being 2048. In order to achieve significant results, this study employs many mathematical functions which are non-linear spectral model Maximum overlapping Discrete Wavelet Transform (MODWT) based on the best localized function (Bl14), autoregressive integrated moving average (ARIMA) model and generalized autoregressive conditional heteroskedasticity (GARCH) models. Therefore, the major findings of this study show that all the previous events during the mentioned period of time will be explained and a new forecasting model will be suggested by combining the best MODWT function (Bl14 function) and the fitted GARCH model. Therefore, the results show that the ability of MODWT in decomposition the stock market data, highlighting the significant events which have the most highly volatile data and improving the forecasting accuracy will be showed based on some mathematical criteria such as Mean Absolute Percentage Error (MAPE), Mean Absolute Scaled Error (MASE), Root Means Squared Error (RMSE), Akaike information criterion. These results will be implemented using MATLAB software and R- software.

Analysis of Typhoon Vulnerability According to Quantitative Loss Data of Typhoon Maemi (태풍 매미의 피해 데이터 기반 국내 태풍 취약성 분석에 관한 연구)

  • Ahn, Sung-Jin;Kim, Tae-Hui;Kim, Ji-Myong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.125-126
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    • 2019
  • This study aims to recognize damage indicators of typhoon and to develop damage function's indicators, using information derived from the actual loss of typhoon Maemi. As typhoons engender significant financial damage all over the world, governments and insurance companies, local or global, develop hurricane risk assessment models and use it in quantifying, avoiding, mitigating, or transferring the risks. For the reason, it is crucial to understand the importance of the risk assessment model for typhoons, and the importance of reflecting local vulnerabilities for more advanced evaluation. Although much previous research on the economic losses associated with natural disasters has identified the risk indicators that are indispensable, more comprehensive research addressing the relationship between vulnerability and economic loss are still called for. Hence this study utilizes and analyzes the actual loss record of the typhoon Maemi provided by insurance companies to fill such gaps. In this study, natural disaster indicators and basic building information indicators are used in order to generate the vulnerability functions; and the results and indicators suggest a practical approach to create the vulnerability functions for insurance companies and administrative tasks, while reflecting the financial loss and local vulnerability of the actual buildings.

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Reliability Analysis under the Competing Risks (경쟁적 위험하에서의 신뢰성 분석)

  • Baik, Jaiwook
    • Journal of Applied Reliability
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    • v.16 no.1
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    • pp.56-63
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    • 2016
  • Purpose: The purpose of this study is to point out that the Kaplan-Meier method is not valid to calculate the survival probability or failure probability (risk) in the presence of competing risks and to introduce more valid method of cumulative incidence function. Methods: Survival analysis methods have been widely used in biostatistics division. However the same methods have not been utilized in reliability division. Especially competing risks cases, where several causes of failure occur and the occurrence of one event precludes the occurrence of the other events, are scattered in reliability field. But they are not noticed in the realm of reliability expertism or they are analysed in the wrong way. Specifically Kaplan-Meier method which assumes that the censoring times and failure times are independent is used to calculate the probability of failure in the presence of competing risks, thereby overestimating the real probability of failure. Hence, cumulative incidence function is introduced and sample competing risks data are analysed using cumulative incidence function and some graphs. Finally comparison of cumulative incidence functions and regression type analysis are mentioned briefly. Results: Cumulative incidence function is used to calculate the survival probability or failure probability (risk) in the presence of competing risks and some useful graphs depicting the failure trend over the lifetime are introduced. Conclusion: This paper shows that Kaplan-Meier method is not appropriate for the evaluation of survival or failure over the course of lifetime. In stead, cumulative incidence function is shown to be useful. Some graphs using the cumulative incidence functions are also shown to be informative.

Study on the system implementation for a reliable risk diagnosis regarding the lease deposit (신뢰성 기반의 전세위험진단 시스템 개발에 관한 연구)

  • Kim, Sang-Beom;Park, Hwa-Jin
    • Journal of Digital Contents Society
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    • v.10 no.3
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    • pp.441-446
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    • 2009
  • This study suggests a reliable risk diagnosis system on the lease deposit, as one of main functions for a real estate information system. A previous system adopted a method where a user should input all required data and the program just performs a simple calculation to provide the results to users. Such a methodology makes a user feel uncomfortable and reduces the reliability for the risk diagnosis of the lease deposit. Therefore, the suggested method in this paper is to minimize the data input by users and to provide a proper sale price to users based on the existing raw data and the statistic court auction data. In addition to the risk diagnosis, it explains about some possible risk information and provides a way to control a risk so that a user can recognize any risk.

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Deformation-based vulnerability functions for RC bridges

  • Elnashai, A.S.;Borzi, B.;Vlachos, S.
    • Structural Engineering and Mechanics
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    • v.17 no.2
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    • pp.215-244
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    • 2004
  • There is an ever-increasing demand for assessment of earthquake effects on transportation structures, emphasised by the crippling consequences of recent earthquakes hitting developed countries reliant on road transportation. In this work, vulnerability functions for RC bridges are derived analytically using advanced material characterisation, high quality earthquake records and adaptive inelastic dynamic analysis techniques. Four limit states are employed, all based on deformational quantities, in line with recent development of deformation-based seismic assessment. The analytically-derived vulnerability functions are then compared to a data set comprising observational damage data from the Northridge (California 1994) and Hyogo-ken Nanbu (Kobe 1995) earthquakes. The good agreement gives some confidence in the derived formulation that is recommended for use in seismic risk assessment. Furthermore, by varying the dimensions of the prototype bridge used in the study, and the span lengths supported by piers, three more bridges are obtained with different overstrength ratios (ratio of design-to-available base shear). The process of derivation of vulnerability functions is repeated and the ensuing relationships compared. The results point towards the feasibility of deriving scaling factors that may be used to obtain the set of vulnerability functions for a bridge with the knowledge of a 'generic' function and the overstrength ratio. It is demonstrated that this simple procedure gives satisfactory results for the case considered and may be used in the future to facilitate the process of deriving analytical vulnerability functions for classes of bridges once a generic relationship is established.

Bayes and Empirical Bayes Estimation of the Scale Parameter of the Gamma Distribution under Balanced Loss Functions

  • Rezaeian, R.;Asgharzadeh, A.
    • Communications for Statistical Applications and Methods
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    • v.14 no.1
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    • pp.71-80
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    • 2007
  • The present paper investigates estimation of a scale parameter of a gamma distribution using a loss function that reflects both goodness of fit and precision of estimation. The Bayes and empirical Bayes estimators rotative to balanced loss functions (BLFs) are derived and optimality of some estimators are studied.

An Estimation of VaR under Price Limits

  • Park, Yun-Sook;Yeo, In-Kwon
    • Journal of the Korean Data and Information Science Society
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    • v.15 no.4
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    • pp.825-835
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    • 2004
  • In this paper, we investigate the estimation of the value at risk(VaR) when stock prices are subjected to price limits. The mixture of probability mass functions and beta density functions is proposed to derive the distribution of asset returns. The analyses of real data show that the proposed distribution is appropriate to explain the VaR when the price limits exist in the data.

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