• Journal of Distribution Science
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• v.13 no.9
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• pp.103-112
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• 2015

Purpose - This paper aims to provide a step-by-step approach to factor analytic procedures, such as principal component analysis (PCA) and exploratory factor analysis (EFA), and to offer a guideline for factor analysis. Authors have argued that the results of PCA and EFA are substantially similar. Additionally, they assert that PCA is a more appropriate technique for factor analysis because PCA produces easily interpreted results that are likely to be the basis of better decisions. For these reasons, many researchers have used PCA as a technique instead of EFA. However, these techniques are clearly different. PCA should be used for data reduction. On the other hand, EFA has been tailored to identify any underlying factor structure, a set of measured variables that cause the manifest variables to covary. Thus, it is needed for a guideline and for procedures to use in factor analysis. To date, however, these two techniques have been indiscriminately misused. Research design, data, and methodology - This research conducted a literature review. For this, we summarized the meaningful and consistent arguments and drew up guidelines and suggested procedures for rigorous EFA. Results - PCA can be used instead of common factor analysis when all measured variables have high communality. However, common factor analysis is recommended for EFA. First, researchers should evaluate the sample size and check for sampling adequacy before conducting factor analysis. If these conditions are not satisfied, then the next steps cannot be followed. Sample size must be at least 100 with communality above 0.5 and a minimum subject to item ratio of at least 5:1, with a minimum of five items in EFA. Next, Bartlett's sphericity test and the Kaiser-Mayer-Olkin (KMO) measure should be assessed for sampling adequacy. The chi-square value for Bartlett's test should be significant. In addition, a KMO of more than 0.8 is recommended. The next step is to conduct a factor analysis. The analysis is composed of three stages. The first stage determines a rotation technique. Generally, ML or PAF will suggest to researchers the best results. Selection of one of the two techniques heavily hinges on data normality. ML requires normally distributed data; on the other hand, PAF does not. The second step is associated with determining the number of factors to retain in the EFA. The best way to determine the number of factors to retain is to apply three methods including eigenvalues greater than 1.0, the scree plot test, and the variance extracted. The last step is to select one of two rotation methods: orthogonal or oblique. If the research suggests some variables that are correlated to each other, then the oblique method should be selected for factor rotation because the method assumes all factors are correlated in the research. If not, the orthogonal method is possible for factor rotation. Conclusions - Recommendations are offered for the best factor analytic practice for empirical research.

• Journal of Distribution Science
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• v.14 no.1
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• pp.93-102
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• 2016

Purpose - The purpose of paper is studying the static and dynamic side for long-term memory storage properties, and increase the explanatory power regarding the long-term memory process by looking at the long-term storage attributes, Korea Composite Stock Price Index. The reason for the use of GPH statistic is to derive the modified statistic Korea's stock market, and to research a process of long-term memory. Research design, data, and methodology - Level shifts were subjected to be an empirical analysis by applying the GPH method. It has been modified by taking into account the daily log return of the Korea Composite Stock Price Index a. The Data, used for the stock market to analyze whether deciding the action by the long-term memory process, yield daily stock price index of the Korea Composite Stock Price Index and the rate of return a log. The studies were proceeded with long-term memory and long-term semiparametric method in deriving the long-term memory estimators. Chapter 2 examines the leading research, and Chapter 3 describes the long-term memory processes and estimation methods. GPH statistics induced modifications of statistics and discussed Whittle statistic. Chapter 4 used Korea Composite Stock Price Index to estimate the long-term memory process parameters. Chapter 6 presents the conclusions and implications. Results - If the price of the time series is generated by the abnormal process, it may be located in long-term memory by a time series. However, test results by price fixed GPH method is not followed by long-term memory process or fractional differential process. In the case of the time-series level shift, the present test method for a long-term memory processes has a considerable amount of bias, and there exists a structural change in the stock distribution market. This structural change has implications in level shift. Stratum level shift assays are not considered as shifted strata. They exist distinctly in the stock secondary market as bias, and are presented in the test statistic of non-long-term memory process. It also generates an error as a long-term memory that could lead to false results. Conclusions - Changes in long-term memory characteristics associated with level shift present the following two suggestions. One, if any impact outside is flowed for a long period of time, we can know that the long-term memory processes have characteristic of the average return gradually. When the investor makes an investment, the same reasoning applies to him in the light of the characteristics of the long-term memory. It is suggested that when investors make decisions on investment, it is necessary to consider the characters of the long-term storage in reference with causing investors to increase the uncertainty and potential. The other one is the thing which must be considered variously according to time-series. The research for price-earnings ratio and investment risk should be composed of the long-term memory characters, and it would have more predictability.

• Journal of the Korea Concrete Institute
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• v.19 no.6
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• pp.773-783
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• 2007

A simple unbonded-type shear strengthening technique for reinforced concrete beams using wire rope units is developed. Six two-span continuous T-beams externally strengthened with wire rope units and an unstrengthened control beam were tested. The main variables investigated were the amount and prestressing force of wire rope units. All specimens had the same geometrical dimension and arrangement of internal reinforcement. Influence of the distribution of vertical stresses in beam web owing to the prestressing force of wire rope units on the diagonal shear cracking load and the ultimate shear capacity of beams tested is presented. Based on the current study, it can be concluded that the amount and initial prestress of wire rope should be limited to be above 2.5 times the minimum shear reinforcement ratio specified in ACI 318-05 and below 0.6 times its own tensile strength, respectively, to ensure the enhancement of shear capacity and ductile failure mode of the strengthened beams. A numerical analysis based on the upper-bound theorem is developed to assess the shear capacity of continuous T-beams strengthened with wire rope units. From the comparisons of measured and predicted shear capacities, a better agreement is achieved in the proposed numerical analysis than in empirical equations recommended by ACI 318-05.

• Korean Journal of Social Welfare
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• v.64 no.2
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• pp.31-54
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• 2012

Along with increasing mothers' employment, work-family reconciliation has been recognised as a key policy agenda in contemporary welfare states. Although various policy instruments have been introduced and expanded in recent years, the problem of time allocation within couples still remains as a fundamental issue, which has been largely underresearched at a micro perspective. In this context, this study aims to identify dominant types of work-family time allocation within married couple, and to apply these types to the Korean case using the fuzzy-set ideal type analysis. Further, a series of multiple regression analyses will be implemented to find factors affecting each ideal type of work-family time allocation. The 1999 and 2009 Korea Time Use Survey datasets will be adopted for the analyses. Married couples are selected as samples only when men work 40 hours or more per week and they have at least one pre-school child. Empirical analyses cover three parts. First of all, four ideal types on work-family time allocation are classified by intersecting two core variables - the ratio of men's (paid) working and family (caring time plus domestic work) time to total working and family time. In this research, the four types will be labelled the traditional male breadwinner model (TM, high working and low family time), the dual burden model (DB, shared working but low family time), the family-friendly male breadwinner model (FM, high working but shared family time), and the adaptive partnership model (AP, shared working and shared family time). By comparing the composition of the four ideal types in 1999 and 2009, it will examine the trend of work-family time allocation in Korea. In addition, multiple regressions will be useful for investigating which characteristics contribute to the different degree of each fuzzy ideal score in the four models. Finally, policy implications and further research agenda will be discussed.

• Journal of Energy Engineering
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• v.8 no.2
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• pp.298-308
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• 1999

Experimental study on characteristics of direct contact condensation of steam discharged into a sub-cooled water pool has been performed using five different sizes of horizontal nozzle over a wide range of steam mass fluxes and pool temperatures. Steam condensation phenomena have been observed visually and by taking pictures of steam jets using a high speed video camera. Two different steam jet shapes such as ellipsoidal shape and conical shape were typically observed for a stable steam jet, depending on the steam mass flux and pool temperature. The steam jet expansion ratio and the steam jet length as well as the condensation heat transfer coefficients were determined. The effect of steam mass flux, pool temperature, and nozzle diameter on these parameters were also discussed. Empirical correlations for the steam jet lengths and the condensation heat transfer coefficients as a function of steam mass flux and condensation driving potential were established. The axial and radial temperature distributions in steam jet and in surrounding water were measured. The effect of steam mass flux, pool temperature, and nozzle diameter were also discussed. The condensation regime map, which consists of six regimes such as chugging, transient chugging, condensation oscillation, stable condensation, bubble condensation oscillation, and intermittent oscillation condensation, were established. In addition, the dynamic pressures at the pool wall were measured. The close relation of dynamic pressure and steam condensation mode, which is also dependent on steam mass flux and pool temperature, was found.

• Asia pacific journal of information systems
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• v.7 no.1
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• pp.25-48
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• 1997

This study examines whether expenditures in information technology (IT) are associated with increases in the Tobin's q ratios a measure of organizational performance. It uses two groups of sample, Korean and American firms that disclose IT expenditures. For the all-firms group of each country, the association between IT expenditures and Tobin's q ratios is positive and statistically significant. But the association varies among industries. For Korean firms, IT expenditures appear to increase Tobin's q ratios for the machine and equipment manufacturing industry group (SIC3-2). IT expenditure ratio of this group as a percent of total sales is highest among the industry groups. For all service industry groups(SIC4&5), the estimated coefficient of IT expenditures is positive but statistically insignificant. For American firms IT expenditures in most of the manufacturing industry groups appear to increase only a little, if at all, for the Tobin's q ratios. But IT expenditures appear to have a greater impact on Tobin's q ratios for all service industries (SIC4-7). For three service industries tested (transportation and telecommunication- SIC4, financial- SIC6, consulting and other service industry- SIC7), the estimated coefficient of IT expenditures is positive and statistically significant. The evidence from both Korean and American firms suggests that IT expenditures in service industries provide a greater impact on an organizational performance than ones in manufacturing industry. To test whether service industries use a competitive strategy utilizing IT as a core competence, the samples ore divided into two groups, service and manufacturing industry. For Korean firms, both IT and R&D expenditures in manufacturing industry are associated with increases in Tobin's q ratios. But for service industry, the estimated coefficient of only IT expenditure is positive. For American firms, the estimated coefficients of both IT and advertising and R&D (ARD) expenditures in manufacturing industry are positive but the coefficient of only ARD is statistically significant. For service industry, the estimated coefficient of only IT expenditure is positive and statistically significant. The evidence may suggest that manufacturing industry uses both R&D and IT strategies to increase a competitive advantage but uses R&D strategy as a core competence. However, service industry uses IT strategy as a core competence to increase a competitive advatage.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.42 no.1
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• pp.30-37
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• 2006

Black rockfish and goldeye rockfish are commercially important fish species due to the increasing demand in Korea. When estimating the abundance of stocks for these species acoustically, it is of crucial importance to know the target strength(TS) to length dependence. In relation to these needs, TS measurement was conducted on black rockfish and goldeye rockfish in an acrylic salt water tank using 70kHz and 120kHz split beam echo sounders. The TS for these two species under the controlled condition was simultaneously measured with the swimming movement by DVR system and analyzed as a function of fish length(L). The results obtained are summarized as follows: The best fit regression of TS on fish length of black rockfish was TS=19.38 Log(L, cm)-70.46 ($r^2=0.71$) at 70kHz and TS=22.39 Log(L, cm)-70.40 ($r^2=0.64$) at 120kHz and in the standard form TS=20 Log(L, cm)-71.29 ($r^2 = 0.70$) at 70kHz and TS=20 Log(L, cm)-66.88 ($r^2=0.57$) at 120kHz. The best fit regression of TS on fish length of goldeye rockfish was TS=17.10 Log(L, cm)-68.28 ($r^2=0.37$) at 70kHz and TS=24.39 Log(L, cm)-73.74 ($r^2=0.59$) at 120kHz and in the standard form TS=20 Log(L, cm)-72.03 ($r^2=0.32$) at 70kHz and TS=20 Log(L, cm)-67.68 ($r^2=0.64$) at 120kHz. An empirical model for fish TS(dB) averaged over the dorsal aspect of 115 fishes of black rockfish and goldeye rockfish and which spans the fish length(L, m) to wavelength($\lambda$, m) ratio between 8 and 30 was derived : TS=34.12 Log(L)-14.12 Log($\lambda$)-23.83, ($r^2=0.90$).

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.12
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• pp.5191-5198
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• 2010

Although numerous studies have analyzed the relationship between subway travel demand (STD) and various characteristics of subway catchment area (SCA), a few studies examined the relationship between STD and the structure of pedestrian networks within each SCA. Hence, this study evaluates the structure of pedestrian networks within 79 SCAs in the city of Busan using Space syntax and investigates the relationship between STD and several characteristics of SCA including the spatial structure of pedestrian network. The analysis results show that the spatial integration of pedestrian networks within the SCAs, which represents the magnitudes of walking accessibility to subway station, is positively associated with STD among the three spatial indexes such as integration, connectivity, and intelligibility. In addition, the results show that STD significantly increases as the number of travel gathering facilities and the average floor area ratio within the SCAs increase. This study ultimately corroborates that designing the grid pedestrian network and assigning the travel gathering facilities to the compact buildings within SCAs are needed to ameliorate the spatial structure of SCA in the city of Busan as transit-oriented development system.

• Korean Journal of Agricultural and Forest Meteorology
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• v.5 no.3
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• pp.200-207
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• 2003

'||'||'||'&'||'||'||'quot;Overheating index'||'||'||'&'||'||'||'quot;, the normalized difference in incident solar energy between a target surface and a level surface, is helpful in estimating the spatial variation in daily maximum temperature at the landscape scale. It can be computed as the ratio of the 4-hour cumulative solar irradiance surplus or deficit from that over a level surface to the maximum possible deviation (15 MJ $m^{-2}$ ) during the midafternoon. Ecosystem models may, for simplicity, use an empirical proxy (exposure index) variable combining slope and aspect in place of the overheating index to account for the variation of midafternoon solar irradiance. A comparative study with real-world landscape data was carried out to evaluate the performance of exposure index in replacing the overheating index. Overheating indices for summer solstice, fall equinox and winter solstice were calculated at 573,650 grid cells constituting the land surface of Donggye-Myun, Sunchang County in Korea, based on a 10-m DEM. Exposure index was also calculated for the same area and fitted for the variation of overheating index to derive a 2$^{nd}$ -order linear regression equation. The coefficient of determination ($R^2$) was 0.50 on summer solstice, 0.56 on fall equinox, and 0.44 on winter solstice, respectively. These are much lower than the theoretically calculated $R^2$ values ranging from 0.7 in summer to 0.9 in autumn. According to our study, exposure index failed to accurately predict the cumulative solar irradiance over a complex terrain, hindering its application to daily maximum temperature estimation. We suggest direct calculation of the overheating index in preference to using the exposure index.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.11
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• pp.833-842
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• 2020

The purpose of this study is to analyze the economic feasibility of technology developed by the National Institute of Animal Science used to shorten the raising term of Hanwoo cattle. This technology can address the increasing proportion of feed cost to operating expenses in the industry. The technology maintains quality by high nutrition breeding during the growing period while shortening the fattening period compared to conventional methods for castrated cattle. Our analysis employs the partial budget method, and results are as follows. First, we found that the ratio of shipment in age of less than 29 months has been increasing. Second, the statistical test finds that both the reduction in age of the months for shipment and the increase in dressed weight annually are significant. Third, the benefit of introducing the technology with the self-manufactured TMR accounts for 467,990 won per head/time. This result is strong evidence for prioritizing and extending pilot projects. In order to further expand this technology in the future, problems, limitations, and obstacles to introduction should be additionally disclosed for participating and non-participating farms after conducting the pilot project.