• The Korean Journal of Applied Statistics
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• v.25 no.1
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• pp.1-13
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• 2012

An assumption for fractional ages should be made to obtain the net premium of the whole life insurance payable at the moment of death based on the life table. Most existing studies adopt the assumption of the uniform distribution(UDD) for the fractional ages. However, as seasonal changes may frequently lead to the deaths of elderly people, it is questionable whether the assumption of the uniform distribution is the most appropriate one for the entire age intervals. In this article, based on a real mortality data set, the appropriateness of UDD assumption for the entire age intervals is examined. And then we propose a more suitable model for fractional ages. We analyze the effect of UDD assumption through the net premium and the corresponding risk when the true distribution for the fractional ages is not uniform.

• Journal of Korean Society of Water and Wastewater
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• v.28 no.6
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• pp.699-711
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• 2014

This study was carried out to analyze water suspension in the water supply system through fault tree analysis. And quantitative factors was evaluated to minimize water suspension. Consequently the aim of this study is to build optimal planning by analyzing scenarios for water suspension. Accordingly the fault tree model makes it possible to estimate risks for water suspension, current risks is $92.23m^3/day$. The result of scenario analysis by pipe replacement, risks for water suspension was reduced $7.02m^3/day$ when replacing WD4 pipe. As a result of scenario analysis by water district connections, the amount of risk reduction is maximized when it is connecting to network pipe of D Zone. Therefore, connecting to network pipe for D Zone would be optimal to reduce risk for water suspension.