• The Korean Journal of Financial Management
• /
• v.22 no.2
• /
• pp.43-69
• /
• 2005

This study provides empirical evidence that the stochastic beta model based on Bayesian analysis outperforms the existing conditional beta model and GARCH model in terms of the estimation accuracy and the explanatory power in the cross-section of stock returns in Korea. Betas estimated by the stochastic beta model explain $30{\sim}50%$ of the cross-sectional variation in stock-returns, whereas other time-varying beta models account for less than 3%. Such a difference in explanatory power across models turns out to come from the fact that the stochastic beta model absorbs the variation due to the market anomalies such as size, BE/ME, and idiosyncratic volatility. These results support the rational asset pricing model in that market anomalies are closely related to the variation of expected returns generated by time-varying betas.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.26 no.2A
• /
• pp.293-300
• /
• 2006

There is a high degree of uncertainty in measurements of the thickness or the loss of thickness of corroded elements. Generally the thickness of corroded elements varies from one location of the element to another depending on the degree of corrosion, which makes the safety assessment difficult. Therefore, a procedure for safety assessment of corrosion- damaged steel structures using an imprecise reliability is proposed in this paper. The proposed safety assessment procedure using the imprecise reliability was also applied to a cable-stayed bridge in Korea to demonstrate its effectiveness and applicability. Since there is a large variation in measurements of the thickness of corroded elements, the thickness of corroded elements was considered as the imprecise element. This variation was found to be directly related to the degree of corrosion. Therefore, the variation increases as the degree of corrosion increases. Based on the comparative observations between the conventional reliability and the imprecise reliability, it is suggested that the imprecise reliability analysis derived based on the subjective or statistical judgment of conditional independence could be successfully utilized for the risk or safety assessment of corrosion-damaged structures.

• Journal of the Korean earth science society
• /
• v.31 no.4
• /
• pp.301-312
• /
• 2010

Geochemical data have been regarded as one of the important environmental variables in the environmental management. Since they are often sampled at sparse locations, it is important not only to predict attribute values at unsampled locations, but also to assess the uncertainty attached to the prediction for further analysis. The main objective of this paper is to exemplify how indicator geostatistics can be effectively applied to geochemical data processing for providing decision-supporting information as well as spatial distribution of the geochemical data. A whole geostatistical analysis framework, which includes probabilistic uncertainty modeling, classification and risk analysis, was illustrated through a case study of cadmium mapping. A conditional cumulative distribution function (ccdf) was first modeled by indicator kriging, and then e-type estimates and conditional variance were computed for spatial distribution of cadmium and quantitative uncertainty measures, respectively. Two different classification criteria such as a probability thresholding and an attribute thresholding were applied to delineate contaminated and safe areas. Finally, additional sampling locations were extracted from the coefficient of variation that accounts for both the conditional variance and the difference between attribute values and thresholding values. It is suggested that the indicator geostatistical framework illustrated in this study be a useful tool for analyzing any environmental variables including geochemical data for decision-making in the presence of uncertainty.

• Journal of Korea Water Resources Association
• /
• v.48 no.9
• /
• pp.719-728
• /
• 2015

In this study, urban runoff analyses were performed using high resolution Quantitative Precipitation Estimation (QPE), and variation of rainfall and runoff were analyzed to evaluate QPE data for urban runoff analysis. The five drainage districts (Seocho3, 4, 5, Yeoksam and Nonhyun) around Gangnam station were chosen as study area, the area is $7.4km^2$. Rainfall data from KMA AWS (34 stations), SKP AWS (156 stations) and Gwanduk radar were used for QPEs in Seoul area. Four types of QPE(QPE1: KMA AWS, QPE2: KMA+ SKP AWS, QPE3: Gwangduk radar, QPE4: QPE2+QPE3) of 6 events in July 2013 were generated by using Krigging and conditional merging. The temporal and spatial resolution of QPEs are 10 minutes and 250 m, respectively. The complex pipe network were treated as 773 manholes, 772 sub-drainage districts and 1,059 pipelines for urban runoff analysis as input data. QPE2 and QPE4 show spatial variation of rainfall by sub-drainage districts as 1.9 times bigger than QPE1. The peak runoff of QPE2 and QPE4 also show spatial variation as 6 times bigger than Gangnam and Seocho AWS. Thus, the spatial variation of rainfall and runoff could exist in small area such as this study area, and using high-resolution rainfall data is desirable for accurate urban runoff analysis.

• The Korean Journal of Ecology
• /
• v.10 no.3
• /
• pp.119-127
• /
• 1987

On the east slope of the front ranges of the Colorado Rockies, USA, three species of Populus are distributed at different elevations from the Great Plains to the timberline. At elevations 1, 720m (P. sargentii), 2, 335m (P.angustifolia) and 3, 190m (P.tremuloides) chlorophyll cotents of leaves of thses dioecious trees were determined. Total chlorophyll content was in the range of 0.86-1.56mg/g leaf, increasing with elevation as a second-degree polynomial, and the peak content was estimated to be reached at about 2, 800m. Total chlorophyll content was greater in female than in male trees in the two higher elevation species, but not in P. sargentii, the low elevation species. Chlorophyll b content was greater than chlorophyll a content in the same two higher elevation species. The increase of chlorophyll b than to increase of chlorophyll a content. These phenomena appear to be the result of adaptation of these species to different environmental conditional at different elevation. Sequential distribution of plant populations on environmental gradients in such a way that variation in given plant characters paralell the environmental gradient must occur not only in ecotypes of a species, but also in different but closely related species.

• Journal of Environmental Health Sciences
• /
• v.1 no.1
• /
• pp.21-27
• /
• 1974

This work was carried out to investigate the chemical properties of the chelate compounds which were produced with 2-methoxy-5-nitrophenol(MNG) and metal salt such as copper nitrate and manganese nitrate. And obtained results were as in the followings. 1) The binding ratio of the chelate compounds formation were determined by using the molar ratio concentration method and their chemical structures were identified by IR-spectrum. 2) In the absorbance measuring, 2-methoxy-5-nitrophenol coordinated with manganese and copper showed the maximum absorbance at $430 m\mu$ and $410 m\mu$ respectively. 3) The binding ratio of chelated compounds were measured by molar ratio method and continuous variation method with spectrophotometer, which was identified as 1:2. 4) The conditional formation constant(log Kn value) of manganese and copper chelate compounds were 6.70, 6.75, respectively according to the equation of $log\frac{A-AM\circ n MNG}{AMm MNG-A}=n log (M\circ)+log Kn$ 5) The dissociations degree of manganese and copper chelate compound were $2, 300{\times} 10^{-7}$, $2, 346{\times} 10^{-7}$ respectively according to the molar calculation method.

• Journal of Biosystems Engineering
• /
• v.14 no.3
• /
• pp.158-167
• /
• 1989

This study was conducted to investigate the applicability of true model theory in a powered lugged wheel-soil system and to examine the possibility of using principles of similitude in investigating the dimensions of soil parameters pertinent to a powered lugged wheel-soil system concerning the sinkage prediction. The following conclusions were derived from the study; 1) The sinkage of prototype wheels proved to be predicted by those of the model wheels for the range of the dynamic weight tested. 2) A conditional equation which can be used for the prediction of sinkage of prototype by model test was derived as $n_f=n{_\ell}{^{-b}}$. The range of the numerical value of b, which is the exponent on the length dimension of the soil property ${\alpha}$, was found to be -1.48~-2.54. 3) Considering a relatively wide variation of b values, it was concluded that there are several soil properties which are pertinent to the powered lugged-wheel soil system concerning the sinkage prediction.

• Journal of the Korean Association of Geographic Information Studies
• /
• v.15 no.4
• /
• pp.138-150
• /
• 2012

The purpose of this study was to examine the regional disparity of ambulatory health care utilization considering spatio-temporal variation in South Korea during 1996-2008(precisely, in 1996, 1999, 2002, 2005, and 2008) using bayesian hierarchial spatio-temporal model. The spatial pattern uses an intrinsic gaussian conditional autoregressive (CAR) error component. Ornstein-Uhlenbeck method was applied to detect the temporal patterns. The results showed that substantial temporal-geographical variation depending on diseases exists in Korea. On the Contrary to the pattern of total outpatient utilizations, for example, the areas that chronic diseases distributed relatively high were most in rural where the proportion of elderly population was higher than in the urban. Chungcheongnam-do, Junlabuk-do, and Kyeongsangbuk-do had higher risks in hypertension, whereas arthritis was higher risk in the Kyeonggi-do, Chungcheongbuk-do, Junlanam-do, and Junlabuk-do. The results of this study suggested that the effective health intervention programmes needed to alleviate the regional variation of health care utilization. These outcomes also provided the foundation for further investigation of risk factors and interventions in these high-risk areas.

• Steel and Composite Structures
• /
• v.21 no.1
• /
• pp.217-247
• /
• 2016

Five extended cylindrical reticulated shells are proposed by changing distribution rule of diagonal rods based on three fundamental types. Modeling programs for fundamental types and extended types of cylindrical reticulated shell are compiled by using the ANSYS Parametric Design Language (APDL). On this basis, conditional formulas are derived when the grid shape of cylindrical reticulated shells is equilateral triangle. Internal force analysis of cylindrical reticulated shells is carried out. The variation and distribution regularities of maximum displacement and stress are studied. A shape optimization program is proposed by adopting the sequence two-stage algorithm (RDQA) in FORTRAN environment based on the characteristics of cylindrical reticulated shells and the ideas of discrete variable optimization design. Shape optimization is achieved by considering the objective function of the minimum total steel consumption, global and locality constraints. The shape optimization for three fundamental types and five extended types is calculated with the span of 30 m~80 m and rise-span ratio of 1/7~1/3. The variations of the total steel consumption along with the span and rise-span ratio are analyzed with contrast to the results of shape optimization. The optimal combination of main design parameters for five extended cylindrical reticulated shells is investigated. The total steel consumption affected by distribution rule of diagonal rods is discussed. The results show that: (1) Parametric modeling method is simple, efficient and practical, which can quickly generate different types of cylindrical reticulated shells. (2) The mechanical properties of five extended cylindrical reticulated shells are better than their fundamental types. (3) The total steel consumption of cylindrical reticulated shells is optimized to be the least when rise-span ratio is 1/6. (4) The extended type of three-way grid cylindrical reticulated shell should be preferentially adopted in practical engineering. (5) The grid shape of reticulated shells should be designed to equilateral triangle as much as possible because of its reasonable stress and the lowest total steel consumption.

• Journal of the Korea Computer Industry Society
• /
• v.5 no.9
• /
• pp.851-858
• /
• 2004

This paper presents improved teaching and learning GUI for easily analysis tool of load flow of power system with database function for searching solution. In this paper includes not only contingency analysis function but also searching function of conditional solution sets from database of solution for various load levels. The GUI is friendly for study for power system operation and control because picture provide a better visualizing of relationshipsbetween input parameters and effects than a tabula type result. This GUI enables topologyand the output data of load flow for line outages to be shown on same picture page. Userscan input the system data for power flow on the the picture and can easily see the theresult diagram of bus voltage, bus power, line flow. It is also observe the effects of different types of variation of tap, shunt capacitor, loads level, line outages. Proposed GUI has been studied on the Ward-Hale 6-Bus system.