• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.363-370
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• 2022

The study aims to probe the impact of foreign ownership on Vietnamese listed firms' capital structure. This study employs panel data of 288 non-financial firms listed on the Ho Chi Minh City stock exchange (HOSE) and Ha Noi stock exchange (HNX) in 2015-2019. In this research, we applied a Bayesian linear regression method to provide probabilistic explanations of the model uncertainty and effect of foreign ownership on the capital structure of non-financial listed enterprises in Vietnam. The findings of experimental analysis by Bayesian linear regression method through Markov chain Monte Carlo (MCMC) technique combined with Gibbs sampler suggest that foreign ownership has substantial adverse effects on the firms' capital structure. Our findings also indicate that a firm's size, age, and growth opportunities all have a strong positive and significant effect on its debt ratio. We found that the firms' profitability, tangible assets, and liquidity negatively and strongly affect firms' capital structure. Meanwhile, there is a low negative impact of dividends and inflation on the debt ratio. This research has ramifications for business managers since it improves a company's financial resources by developing a strong capital structure and considering foreign investment as a source of funding.

• Educational Technology International
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• v.15 no.2
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• pp.71-88
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• 2014

A variety of studies to predict students' performance have been conducted since educational data such as web-log files traced from Learning Management System (LMS) are increasingly used to analyze students' learning behaviors. However, it is still challenging to predict students' learning achievement in blended learning environment where online and offline learning are combined. In higher education, diverse cases of blended learning can be formed from simple use of LMS for administrative purposes to full usages of functions in LMS for online distance learning class. As a result, a generalized model to predict students' academic success does not fulfill diverse cases of blended learning. This study compares two blended learning classes with each prediction model. The first blended class which involves online discussion-based learning revealed a linear regression model, which explained 70% of the variance in total score through six variables including total log-in time, log-in frequencies, log-in regularities, visits on boards, visits on repositories, and the number of postings. However, the second case, a lecture-based class providing regular basis online lecture notes in Moodle show weaker results from the same linear regression model mainly due to non-linearity of variables. To investigate the non-linear relations between online activities and total score, RF (Random Forest) was utilized. The results indicate that there are different set of important variables for the two distinctive types of blended learning cases. Results suggest that the prediction models and data-mining technique should be based on the considerations of diverse pedagogical characteristics of blended learning classes.

• Journal of Biosystems Engineering
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• v.41 no.3
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• pp.273-280
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• 2016

Purpose: This experiment was conducted to detect water stress in terms of the moisture content of cucumber seedlings under water stress condition using a hyperspectral image acquisition system, linear regression analysis, and partial least square regression (PLSR) to achieve a non-destructive measurement procedure. Methods: Changes in the reflectance spectrum of cucumber seedlings under water stress were measured using hyperspectral imaging techniques. A model for estimating moisture content of cucumber seedlings was constructed through a linear regression analysis that used the moisture content of cucumber seedlings and a normalized difference vegetation index (NDVI). A model using PLSR that used the moisture content of cucumber seedlings and reflectance spectrum was also created. Results: In the early stages of water stress, cucumber seedlings recovered completely when sub-irrigation was applied. However, the seedlings suffering from initial wilting did not recover when more than 42 h passed without irrigation. The reflectance spectrum of seedlings under water stress decreased gradually, but increased when irrigation was provided, except for the seedlings that had permanently wilted. From the results of the linear regression analysis using the NDVI, the model excluding wilted seedlings with less than 20% (n=97) moisture content showed a precision ($R^2$ and $R^2_{\alpha}$) of 0.573 and 0.568, respectively, and accuracy (RE) of 4.138% and 4.138%, which was higher than that for models including all seedlings (n=100). For PLS regression analysis using the reflectance spectrum, both models were found to have strong precision ($R^2$) with a rating of 0.822, but accuracy (RMSE and RE) was higher in the model excluding wilted seedlings as 5.544% and 13.65% respectively. Conclusions: The estimation model of the moisture content of cucumber seedlings showed better results in the PLSR analysis using reflectance spectrum than the linear regression analysis using NDVI.

• Journal of Korean Tunnelling and Underground Space Association
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• v.10 no.3
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• pp.233-243
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• 2008

A tunnel behavior predicted in the investigation and design stage is often different from its actual behavior due to mainly the complexity of ground conditions. In a tunnel construction, therefore, it is necessary to ensure the stability of the tunnel by predicting the behaviors of the ground and the supports through observations and measurements, and modifying immediately excavation and reinforcing methods when necessary. To do so, it is important to be able to predict the final tunnel behavior based on the initial tunnel behavior as early as possible. In this study, the correlations were obtained between the initial and the final convergence by analyzing statistically the convergence measurement data, collected from two domestic road tunnels under construction using NATM. In order to estimate the unknown displacements, occurred during the period between the excavation and the first measurement, two methods were used - one is the method by means of regression analysis using a modified exponential function and the other the method by a simple linear regression analysis using the data measured within the distance from tunnel face equal to the tunnel diameter (D). Finally, the relationships were obtained between the initial and final convergence, including the non-measured displacements estimated from the two different methods, by performing linear regression analyses. The regression analysis results showed that there are clear linear relationships between the initial and final convegence and the difference between the two linear regression equations was not that large for when using the exponential function and the simple linear function to estimate the non-measured displacements.

• Environmental and Resource Economics Review
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• v.16 no.4
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• pp.901-922
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• 2007

To see how the electricity demand for air-conditioning responds to weather condition and what kind of weather condition works better in forecasting maximum daily electricity demand, four different regression models, which are linear, exponential, power and S-curve, are adopted. The regression outcome turns out that the electricity demand for air-conditioning is inclined to rely on the exponential model. Another major discovery of this study is that the electricity demand for air-conditioning responds more sensitively to the weather condition year after year along with the higher non-air-conditioning electricity demand. In addition, it has also been found that the discomfort index explains the electricity demand for air-conditioning better than the highest temperature.

• Communications for Statistical Applications and Methods
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• v.22 no.4
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• pp.349-359
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• 2015

We study a semiparametric Bayesian approach to small area estimation under a nested error linear regression model with area level covariate subject to measurement error. Consideration is given to radial basis functions for the regression spline and knots on a grid of equally spaced sample quantiles of covariate with measurement errors in the nested error linear regression model setup. We conduct a hierarchical Bayesian structural measurement error model for small areas and prove the propriety of the joint posterior based on a given hierarchical Bayesian framework since some priors are defined non-informative improper priors that uses Markov Chain Monte Carlo methods to fit it. Our methodology is illustrated using numerical examples to compare possible models based on model adequacy criteria; in addition, analysis is conducted based on real data.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.9
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• pp.1416-1423
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• 2017

Lane detection technology is one of the most important issues on car safety and self-driving capability of autonomous vehicle. This paper introduces an accurate lane detection scheme based on OCC(Optical Camera Communication) for moving vehicles. For lane detection of moving vehicles, the streetlights and the front camera of the vehicle were used for a transmitter and a receiver, respectively. Based on the angle information of multiple streetlights in a captured image, the distance from sidewalk can be calculated using non-linear regression analysis. Simulation results show that the proposed scheme shows robust performance of accurate lane detection.

• Journal of Industrial Technology
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• v.25 no.A
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• pp.57-65
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• 2005

In this paper, for the highly plastic marine soft clay distributed in west and southern coast of Korean peninsula of Kwangyang and Busan New Port areas, correlation between compression index and other indices representing geotechnical engineering properties such as liquid limit, void ratio and natural water content were analyzed. Appropriate empirical equations of being able to estimate the compressibility of clays in the specific areas were proposed and compared with other existing empirical ones. For analyses of the data and test results, data for marine clays were used from areas of the South Container Port of the Busan New Port, East Breakwater, Passenger Quay, Jungma Reclamation and Reclamation Containment in the 3rd stage in Kwangyang. In order to find the best regression model by using the commercially available software, MS EXCEL 2000, results obtained from the simple linear regression analysis, using the values of liquid limit, initial void ratio and natural water content as independent variables, were compared with the existing empirical equations. Multiple linear regression was also performed to find the best fit regression curves for compression index and other soil properties by combining those independent variables. On the other hands, another software of SPSS for non-linear regression was used to analyze the correlations between compression index and other soil properties.

• Journal of the Korean Institute of Gas
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• v.18 no.3
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• pp.60-66
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• 2014

In this study, the overseas failure frequency data of the high-pressure gas pipeline were investigated to apply QRA of high-pressure gas pipeline. The typical overseas failure frequency data of high-pressure gas pipeline are DOT of United States, EGIG of Europe, and UKOPA of United Kingdom (UK). Comparative analysis of these data was shown that EGIG data was suitable for the situation in Korea. In order to apply QRA of high-pressure gas pipeline, non-linear regression analysis using the failure frequency data in the report of EGIG 8th was performed. In the future, intensive researches are required for the external interference because about 50% of the failure frequency of all incidents is the external interference, and for combining of domestic and overseas data.

• Bulletin of the Korean Chemical Society
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• v.18 no.9
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• pp.1006-1010
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• 1997

The nature and analysis methods of complicated decay profiles found in forced Rayleigh scattering (FRS) have been investigated for the probe diffusion of methyl yellow in 2-propanol. The complementary shifted and ground state grating effect, which is known to be the origin of non-single exponential decays, was analyzed by non-linear regression fitting to a double exponential model function. We confirmed that the parameters were highly correlated so that it was difficult to extract a unique set of parameters in the presence of experimental noise. Nevertheless, a reasonable range of decay time constants could be estimated from the grating spacing dependence.