• Title/Summary/Keyword: M 추정

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A Study on the Performance of the M&A Firm in KOSDAQ (코스닥시장 M&A기업의 성과에 관한 연구)

  • Kim, Kyung-Sik
    • Journal of the Korea Society of Computer and Information
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    • v.12 no.1 s.45
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    • pp.219-229
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    • 2007
  • The results of the research in M&A firms in the KOSDAQ market are as follows. First, the effect of the M&A disclosure at the time of disclosure was that the positive (+) cumulative abnormal return (CAR) can be interpreted as an increase in the value of the firm; however, in the long run, firms which used the KOSDAQ index and the control firm, which did not use the index were found to have conflicting results. Second, the findings show that the rise in value of general firms resulting from a M&A were higher that those of venture firms. Third, in testing the performance extrapolation hypothesis, it was shown that the performance of "value" firms (firms with a high B/M ratio but poor performance in the past) was better after a M&A than those of the "glamour" firms and that the performance extrapolation hypothesis was substantiated. Fourth, it can be construed that a size effect in a merger exists. The CAR of the small firms surpasses those of large firms. Fifth, in verifying operating performance, most variables showed a positive (+) value at the time of M&A but showed a negative (-) value after a M&A. These results show that because on the Korean KOSDAQ market, M&A are approached from a financial rather than an economic aspect, it can be inferred that it lowers the firms value.

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Estimation of Temporal Surface Air Temperature under Nocturnal Inversion Conditions (야간 역전조건 하의 지표기온 경시변화 추정)

  • Kim, Soo-ock
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.19 no.3
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    • pp.75-85
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    • 2017
  • A method to estimate hourly temperature profiles on calm and clear nights was developed based on temporal changes of inversion height and strength. A meteorological temperature profiler (Model MTP5H, Kipp and Zonen) was installed on the rooftop of the Highland Agriculture Research Institute, located in Daegwallyeong-myeon, Pyeongchang-gun, Gangwon-do. The hourly vertical distribution of air temperature was measured up to 600 m at intervals of 50 m from May 2007 to March 2008. Temperature and relative humidity data loggers (HOBO U23 Pro v2, Onset Computer Corporation, USA) were installed in the Jungdae-ri Valley, located between Gurye-gun, Jeollanam-do and Gwangyang-si, Jeollanam-do. These loggers were used to archive measurements of weather data 1.5 m above the surface from October 3, 2014, to November 23, 2015. The inversion strength was determined using the difference between the temperature at the inversion height, which is the highest temperature in the profile, and the temperature at 100 m from the surface. Empirical equations for the changes of inversion height and strength were derived to express the development of temperature inversion on calm and clear nights. To estimate air temperature near the ground on a slope exposed to crops, the equation's parameters were modified using temperature distribution of the mountain slope obtained from the data loggers. Estimated hourly temperatures using the method were compared with observed temperatures at 19 weather sites located within three watersheds in the southern Jiri-mountain in 2015. The mean error (ME) and root mean square error (RMSE) of the hourly temperatures were $-0.69^{\circ}C$ and $1.61^{\circ}C$, respectively. Hourly temperatures were often underestimated from 2000 to 0100 LST the next day. When temperatures were estimated at 0600 LST using the existing model, ME and RMSE were $-0.86^{\circ}C$ and $1.72^{\circ}C$, respectively. The method proposed in this study resulted in a smaller error, e.g., ME of $-0.12^{\circ}C$ and RMSE of $1.34^{\circ}C$. The method could be improved further taking into account various weather conditions, which could reduce the estimation error.

Hardware Design of SNR Estimator for Adaptive Satellite Transmission System (적응형 위성 전송 시스템을 위한 신호 대 잡음비 추정 회로 구현)

  • Lee, Jae-Ung;Kim, Soo-Seong;Park, Eun-Woo;Im, Chae-Yong;Yeo, Sung-Moon;Kim, Soo-Young
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.33 no.2A
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    • pp.148-158
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    • 2008
  • This paper proposes an efficient signal to noise ratio (SNR) estimation algorithm and its hardware implementation for adaptive transmission system using M-ary modulation scheme. In this paper, we present the implementation results of the proposed algorithm for the second generation digital video broadcasting via satellite (DVB-S2) system, and the proposed algorithm can be tailored to the other communication systems using adaptive transmissions. We built a look-up table (LUT) using the theoretical background of the received signal distribution, and by using this LUT we need just two comparators and a counter for the hardware implementation. For this reason, the hardware of the proposed scheme produces accurate estimation results even with extremely low complexity. The simulation results investigated in this paper reveal that the proposed method can produce estimation results within the specified SNR range in the DVB-S2 system, and it requires a few hundreds of samples for average estimation error of about 1 dB.

Estimation of surface nitrogen dioxide mixing ratio in Seoul using the OMI satellite data (OMI 위성자료를 활용한 서울 지표 이산화질소 혼합비 추정 연구)

  • Kim, Daewon;Hong, Hyunkee;Choi, Wonei;Park, Junsung;Yang, Jiwon;Ryu, Jaeyong;Lee, Hanlim
    • Korean Journal of Remote Sensing
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    • v.33 no.2
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    • pp.135-147
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    • 2017
  • We, for the first time, estimated daily and monthly surface nitrogen dioxide ($NO_2$) volume mixing ratio (VMR) using three regression models with $NO_2$ tropospheric vertical column density (OMIT-rop $NO_2$ VCD) data obtained from Ozone Monitoring Instrument (OMI) in Seoul in South Korea at OMI overpass time (13:45 local time). First linear regression model (M1) is a linear regression equation between OMI-Trop $NO_2$ VCD and in situ $NO_2$ VMR, whereas second linear regression model (M2) incorporates boundary layer height (BLH), temperature, and pressure obtained from Atmospheric Infrared Sounder (AIRS) and OMI-Trop $NO_2$ VCD. Last models (M3M & M3D) are a multiple linear regression equations which include OMI-Trop $NO_2$ VCD, BLH and various meteorological data. In this study, we determined three types of regression models for the training period between 2009 and 2011, and the performance of those regression models was evaluated via comparison with the surface $NO_2$ VMR data obtained from in situ measurements (in situ $NO_2$ VMR) in 2012. The monthly mean surface $NO_2$ VMRs estimated by M3M showed good agreements with those of in situ measurements(avg. R = 0.77). In terms of the daily (13:45LT) $NO_2$ estimation, the highest correlations were found between the daily surface $NO_2$ VMRs estimated by M3D and in-situ $NO_2$ VMRs (avg. R = 0.55). The estimated surface $NO_2$ VMRs by three modelstend to be underestimated. We also discussed the performance of these empirical modelsfor surface $NO_2$ VMR estimation with respect to otherstatistical data such asroot mean square error (RMSE), mean bias, mean absolute error (MAE), and percent difference. This present study shows a possibility of estimating surface $NO_2$ VMR using the satellite measurement.

A Short Review for the Estimation Method of Intrinsic Rate of Natural Increase According to the Setting of Initial Age for the Study Cohort in the Lotka Life Table (로트카 생명표에서 연구 집단의 초기연령 설정에 따른 내적자연증가율 추정방법에 대한 고찰)

  • Dong-soon, Kim
    • Korean journal of applied entomology
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    • v.61 no.4
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    • pp.549-554
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    • 2022
  • Life table-related studies in insect ecology have been an interesting topic for insect researchers. Two calculation methods are commonly applied to estimate the intrinsic rate of natural increase (rm) in the life table statistics. The first method is to estimate an approximate rm by dividing the natural logarithm of the net reproductive rate (R0) by mean generation time (T) (namely mean generation time-based method). Another approach is to apply the Lotka-Euler equation derived from the population growth equation of Lotka-Volterra to estimate accurate rm using the maximum likelihood method (Lotka-Euler equation-based method). In the latter case, there is a difference in the estimated rm value when the initial age class of the target cohort was set to "0" or "1", which confused the application. In this short review, a brief history of the calculation process of the life table was reviewed. It was again confirmed in the Lotka-Euler equation-based method that the form of $\sum\limits_{x=1}^{w}e^{-rx}l_xm_x=1$ should be applied to estimate rm when the first age class was set to zero, while the form of $\sum\limits_{x=0}^{w}e^{-r(x+1)}l_xm_x=1$ when set to one.

Feasibility of the Lapse Rate Prediction at an Hourly Time Interval (기온감률의 일중 경시변화 예측 가능성)

  • Kim, Soo-ock;Yun, Jin I.
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.18 no.1
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    • pp.55-63
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    • 2016
  • Temperature lapse rate within the planetary boundary layer shows a diurnal cycle with a substantial variation. The widely-used lapse rate value for the standard atmosphere may result in unaffordable errors if used in interpolating hourly temperature in complex terrain. We propose a simple method for estimating hourly lapse rate and evaluate whether this scheme is better than the conventional method using the standard lapse rate. A standard curve for lapse rate based on the diurnal course of temperature was drawn using upper air temperature for 1000hPa and 925hPa standard pressure levels. It was modulated by the hourly sky condition (amount of clouds). In order to test the reliability of this method, hourly lapse rates for the 500-600m layer over Daegwallyeong site were estimated by this method and compared with the measured values by an ultrasonic temperature profiler. Results showed the mean error $-0.0001^{\circ}C/m$ and the root mean square error $0.0024^{\circ}C/m$ for this vertical profile experiment. An additional experiment was carried out to test if this method is applicable for the mountain slope lapse rate. Hourly lapse rates for the 313-401m slope range in a complex watershed ('Hadong Watermark 2') were estimated by this method and compared with the observations. We found this method useful in describing diurnal cycle and variation of the mountain slope lapse rate over a complex terrain despite larger error compared with the vertical profile experiment.

Cloning and Characterization of Zebrafish Microsomal Epoxide Hydrolase Based on Bioinformatics (생물정보학을 이용한 Zebrafish Microsomal Epoxide Hydrolase 클로닝 및 특성연구)

  • Lee Eun-Yeol;Kim Hee-Sook
    • Microbiology and Biotechnology Letters
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    • v.34 no.2
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    • pp.129-135
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    • 2006
  • A gene encoding for a putative microsomal epoxide hydrolase (mEH) of a zebrafish, Danio rerio, was cloned and characterized. The putative mEH protein of D. rerio exhibited sequence similarity with mammalian mEH and some other bacterial EHs. A structural model for the putative mEH was constructed using homology modeling based on the crystallographic templates, 1 qo7 and 1 ehy. The catalytic triad consisting of $Asp^{233}$, $Glu^{413}$, and $His^{440}$ was identified, and the characteristic features such as two tyrosine residues and oxyanion hole were found to be highly conserved. Based on bioinformatic analysis together with EH activity assay, the putative protein was annotated as mEH of D. rerio. Enantiopure styrene oxide with enantiopurity of 99%ee and yield of 33.5% was obtained from racemic styrene oxide by the enantioselective hydrolysis activity of recombinant mEH of D. rerio for 45 min.

A Study on 3-Dimensional Near-Field Source Localization Using Interference Pattern Matching in Shallow Water Environments (천해에서 간섭패턴 정합을 이용한 근거리 음원의 3차원 위치추정 기법연구)

  • Kim, Se-Young;Chun, Seung-Yong;Son, Yoon-Jun;Kim, Ki-Man
    • The Journal of the Acoustical Society of Korea
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    • v.28 no.4
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    • pp.318-327
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    • 2009
  • In this paper, we propose a 3-D geometric localization method for near-field broadband source in shallow water environments. According to the waveguide invariant theory, slope of the interference pattern which is seen in a sensor spectrogram directly proportional to a range of the source. The relative ratio of the range between source and sensors was estimated by matching of two interference patterns in spectrogram. Then this ratio is applied to the Apollonius's circle which shows the locus of a source whose range ratio from two sensors is constant. Two Apollonius's circles from three sensors make the intersection point that means the horizontal range and the azimuth angle of the source. And this intersection point is constant with source depth. Therefore the source depth can be estimated using 3-D hyperboloid equation whose range difference from two sensors is constant. To evaluate a performance of the proposed localization algorithm, simulation is performed using acoustic propagation program and analysis of localization error is demonstrated. From simulation results, error estimate for range and depth is described within 50 m and 15 m respectively.

"Pansori" Joint Assumption using Neural Network (인공신경망을 이용한 판소리 마디추정)

  • Park, Keunho;Seo, Kyoung-suk;Lee, Joonwhoan
    • Proceedings of the Korea Information Processing Society Conference
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    • 2014.11a
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    • pp.975-977
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    • 2014
  • 본 논문에서는 판소리 자동채보에 중요한 요소인 '합'과 '궁'의 위치 즉 마디를 인공신경망과 히스토그램을 이용하여 추정한다. 기존의 합과 궁을 추정하는 방법으로는 NCC(Normalized Cross Correlation)를 이용한 대표치 추정 윈도우와 칼만 필터를 이용하였다. 하지만 대표치 추정 윈도우를 구성하는 과정에서 단순히 15개의 특징벡터 각각의 평균을 이용하기 때문에 분별력이 떨어지고, 마디위치를 보정하는 과정에서 칼만 필터를 사용하면 전체음원이 길이가 짧을 경우 오차가 발생할 가능성이 크다. 본 논문에서 제안한 마디 추정 알고리즘은 장단별로 최대 90%이상의 정확도로 마디를 추정할 수 있다.

Suggestion of Sound Source based Localization Algorithm Using Arrival Sequence of Sound (음원 도착순서를 이용한 음원 위치추정 알고리즘 제안)

  • Choi, Chang Yong;Kim, Tae Wan;Lee, Dong Myung
    • Proceedings of the Korea Information Processing Society Conference
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    • 2012.04a
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    • pp.950-952
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    • 2012
  • 음원 위치추정 시스템은 일반적으로 여러 개의 마이크에서 수집된 음원의 시간 간격을 이용해 음원의 위치를 추정하는 방식을 적용한다. 본 논문에서는 감시카메라에 적합한 4개의 마이크로폰을 이용한 음원 위치추정 시스템에서 마이크로폰에 수신된 음원의 도착순서를 이용해 음원의 위치를 추정하는 알고리즘을 제안하였다. 제안한 알고리즘을 시뮬레이션 프로그램을 통해 검증한 결과, 음원 추정각도의 오차는 $2^{\circ}{\sim}11.25^{\circ}$로 확인되었으며, 이는 실제각도의 오차범위인 $0^{\circ}{\sim}22.5^{\circ}$ 내에 해당하기 때문에 추정각도의 오차가 최대로 발생하더라도 음원이 발생한 위치를 파악 할 수 있음을 의미한다.