• Bulletin of the Korean Mathematical Society
• /
• v.56 no.2
• /
• pp.351-364
• /
• 2019

We derive full closed-form expressions for the prices of European symmetric power quanto call options with four different forms of terminal payoffs under the assumption of the classical lognormal asset price and exchange rate model.

• Journal of Radiation Protection and Research
• /
• v.31 no.1
• /
• pp.17-23
• /
• 2006

The purpose of this study is to provide the guidance necessary for making a selection of error distributions by analyzing influence of statistical distribution for a type of bioassay measurement error on the intake estimation. For this purpose, intakes were estimated using maximum likelihood method for cases that error distributions are normal and lognormal, and comparisons between two distributions for the estimated intakes were made. According to the results of this study, in case that measurement results for lung retention are somewhat greater than the limit of detection it appeared that distribution types have negligible influence on the results. Whereas in case of measurement results for the daily excretion rate, the results obtained from assumption of a lognormal distribution were 10 % higher than those obtained from assumption of a normal distribution. In view of these facts, in case where uncertainty component is governed by counting statistics it is considered that distribution type have no influence on intake estimation. Whereas in case where the others are predominant, it is concluded that it is clearly desirable to estimate the intake assuming a lognormal distribution.

• The Korean Journal of Applied Statistics
• /
• v.23 no.2
• /
• pp.325-333
• /
• 2010

Protection against disclosure of survey respondents' identifiable and/or sensitive information is a prerequisite for statistical agencies that release microdata files from their sample surveys. Coarsening is one of popular methods for protecting the confidentiality of the data. Grouped data can be released in the form of microdata or tabular data. Instead of releasing the data in a tabular form only, having microdata available to the public with interval codes with their representative values greatly enhances the utility of the data. It allows the researchers to compute covariance between the variables and build statistical models or to run a variety of statistical tests on the data. It may be conjectured that the variance of the interval data is lower that of the ungrouped data in the sense that the coarsened data do not have the within interval variance. This conjecture will be investigated using the uniform and triangular distributions. Traditionally, midpoint is used to represent all the values in an interval. This approach implicitly assumes that the data is uniformly distributed within each interval. However, this assumption may not hold, especially in the last interval of the economic data. In this paper, we will use three distributional assumptions - uniform, Pareto and lognormal distribution - in the last interval and use either midpoint or median for other intervals for wage and food costs of the Statistics Korea's 2006 Household Income and Expenditure Survey(HIES) data and compare these approaches in terms of the first two moments.

• Nuclear Engineering and Technology
• /
• v.51 no.3
• /
• pp.894-903
• /
• 2019

An approach for collapse risk assessment is proposed to evaluate the vulnerability of electric cabinet in nuclear power plants. The lognormal approaches, namely maximum likelihood estimation and linear regression, are introduced to establish the fragility curves. These two fragility analyses are applied for the numerical models of cabinets considering various boundary conditions, which are expressed by representing restrained and anchored models at the base. The models have been built and verified using the system identification (SI) technique. The fundamental frequency of the electric cabinet is sensitive because of many attached devices. To bypass this complex problem, the average spectral acceleration $S_{\bar{a}}$ in the range of period that cover the first mode period is chosen as an intensity measure on the fragility function. The nonlinear time history analyses for cabinet are conducted using a suite of 40 ground motions. The obtained curves with different approaches are compared, and the variability of risk assessment is evaluated for restrained and anchored models. The fragility curves obtained for anchored model are found to be closer each other, compared to the fragility curves for restrained model. It is also found that the support boundary conditions played a significant role in acceleration response of cabinet.

• Transactions of the Korean Society of Mechanical Engineers
• /
• v.12 no.4
• /
• pp.790-805
• /
• 1988

Static strength and fatigue life scattering of glass fiber reinforced epoxy composite materials has been studied. Normal, lognormal, two-parameter and three-parameter Weibull distribution functions are used for strength and one-stress fatigue life distribution. The value of mean fatigue life is analysed using mean fatigue life, mean log fatigue life and expected value of 2 and 3-parameter Weibull distribution functions. Modification on non-statistical cumulative damage models is made in order to interpret the result of two-stress level fatigue life scattering. The comparison results show that 3-parameter Weibull distribution has better predictions in static strength and one-stress level fatigue life distributions. However, no advantage of 3-parameter Weibll distribution is found over 2-parameter Weibull distribution in two-stress level fatigue life predictions. It is found that two-stress level fatigue life prediction by the expanded equal rank assumption is close to the experimental data.

• Journal of Korean Society for Quality Management
• /
• v.43 no.3
• /
• pp.409-420
• /
• 2015

Purpose: This study is to estimate the life of elevator wire rope by using the accelerated degradation test with two accelerating variables of applied load and corrosion. Methods: Linear regression method is used to find the pseudo life of elevator wire rope at each combination of accelerating variables and the median life of elevator wire rope at use condition is estimated under the assumption that the life of elevator wire rope follows lognormal distribution. Results: The particular case study demonstrated that the results of the elevator wire life estimation by using the proposed method can provide the better solutions than existing methods. Conclusion: It can be economical to use accelerated degradation model for estimating the life of elevator wire rope.

• Journal of the Institute of Electronics Engineers of Korea TC
• /
• v.44 no.7 s.361
• /
• pp.47-52
• /
• 2007

This paper analyzes the output signal-to-interference-plus-noise ratio (SINR) for a multiple-input-multiple-output (MIMO) multicarrier code division multiple access (MC-CDMA) system with minium mean square error receivers in multi-cell environments. A previous work in single cell environments is extended into analysis in multi-cell environments. The use of Haar unitary code matrix for asymptotic analysis causes other cell interferences expressed with a diagonal matrix haying different diagonal values. This paper shows that other cell interferences converge to an identity matrix whose gain is expressed by only other cell interference power in mean square sense and finds asymptotic deterministic SINRs for a given other cell interference. Under the assumption that the sum of lognormal fading components is distributed by other lognormal function, we show the comparison between theoretical performances and simulations from the view point of bit error rate and present average throughput performance according to the cell radius.

• Structural Engineering and Mechanics
• /
• v.39 no.6
• /
• pp.795-812
• /
• 2011

Estimation of damage probability of buildings under a future earthquake is an essential issue to ensure the seismic reliability. Fragility curves are useful tools for showing the probability of structural damage due to earthquakes as a function of ground motion indices. The purpose of this study is to compare the damage probability of R/C buildings with low and high level of strength and ductility through fragility analysis. Two different types of sample buildings have been considered which represent the building types mentioned above. The first one was designed according to TEC-2007 and the latter was designed according to TEC-1975. The pushover curves of sample buildings were obtained via pushover analyses. Using 60 ground motion records, nonlinear time-history analyses of equivalent single degree of freedom systems were performed using bilinear hysteretic model and peak-oriented hysteretic model with stiffness - strength deterioration for each scaled elastic spectral displacement. The damage measure is maximum inter-story drift ratio and each performance level considered in this study has an assumed limit value of damage measure. Discrete damage probabilities were calculated using statistical methods for each considered performance level and elastic spectral displacement. Consequently, continuous fragility curves have been constructed based on the lognormal distribution assumption. Furthermore, the effect of hysteresis model parameters on the damage probability is investigated.

• Earthquakes and Structures
• /
• v.18 no.6
• /
• pp.709-718
• /
• 2020

Fragility curves are useful tools to estimate the damage probability of buildings owing to seismic actions. The purpose of this study is to investigate seismic vulnerability of reinforced concrete (RC) buildings, according to the 2007 and 2018 Turkish Seismic Codes, using fragility curves. For the numerical analyses, typical five- and seven-storey RC buildings were selected and incremental dynamic analyses (IDA) were performed. To complete the IDAs, eleven earthquake acceleration records multiplied by various scaling factors from 0.2g to 0.8g were used. To predict nonlinearity, a distributed hinge model that involves material and geometric nonlinearity of the structural members was used. Damages to confined concrete and reinforcement bar of structural members were obtained by considering the unit deformation demands of the 2007 Turkish Seismic Code (TSC-2007) and the 2018 Turkey Building Earthquake Code (TBEC-2018). Vulnerability evaluation of these buildings was performed using fragility curves based on the results of incremental dynamic analyses. Fragility curves were generated in terms of damage levels occurring in confined concrete and reinforcement bar of structural members with a lognormal distribution assumption. The fragility curves show that the probability of damage occurring is more according to TBEC-2018 than according to TSC-2007 for selected buildings.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.31 no.5B
• /
• pp.431-438
• /
• 2011

This study investigated the problem of mean-field bias correction under the assumption that the radar and rain gauge rainfall data follow the log-normal distribution. Regression curves for the average, median and mode of the radar and rain gauge rainfall were derived and evaluated for their usefulness. Additionally, these regression curves were compared with those derived under the assumption that the radar and rain gauge data follow the normal distribution. This study investigated the regression results for the Typhoon Meami occurred in 2003 as an example. As results, three regression lines with the radar rainfall as the independent variable were found to underestimate the rainfall, while those with the rain gauge rainfall as the independent variable to overestimate. Among three types of regression curves considered, the result for the average was most appropriate. However this case was found to be inferior to the regression line passing the origin under the assumption of the normal distribution with the rain gauge rainfall as its independent variable. So it was hard to conclude that the consideration of the log-normality on the correction of radar rainfall is beneficial.