• Title/Summary/Keyword: sample variance

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Uniformly Minimum Variance Unbiased Estimation for Distributions with Support Dependign on Two Parameters

  • Hong, Chong-Sun;Park, Hyun-Jip;Lee, Chong-Cheol
    • Journal of the Korean Statistical Society
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    • v.24 no.1
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    • pp.45-64
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    • 1995
  • When a random sample is taken from a certain class of discrete and continuous distributions whose support depend on two parameters, we could find that there exists the complete and sufficient statistic for parameters which belong to a certain class, and fomulate the uniformly minimum variance unbiased estimator (UMVUE) of any estimable function. Some UMVUE's of parametric functions are illustrated for the class of the distribution. Especially, we find that the UMVUE of some estimable parametric function from the truncated normal distribution could be expressed by the version of the Mill's ratio.

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Weight Vector Analysis to Portfolio Performance with Diversification Constraints (비중 상한 제약조건에 따른 포트폴리오 성과에 대한 투자 비중 분석)

  • Park, Kyungchan;Kim, Hongseon;Kim, Seongmoon
    • Korean Management Science Review
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    • v.33 no.4
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    • pp.51-64
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    • 2016
  • The maximum weight of single stock in mutual fund is limited by regulations to enforce diversification. Under incomplete information with added constraints on portfolio weights, enhanced performance had been reported in previous researches. We analyze a weight vector to examine the effects of additional constraints on the portfolio's performance by computing the Euclidean distance from the in-sample tangency portfolio, as opposed to previous researches which analyzed ex-post return only. Empirical experiment was performed on Mean-variance and Minimum-variance model with Fama French's 30 industry portfolio and 10 industry portfolio for the last 1,000 months from August 1932 to November 2015. We find that diversification-constrained portfolios have 7% to 26% smaller Euclidean distances with the benchmark portfolio compared to those of unconstrained portfolios and 3% to 11% greater Sharpe Ratio.

Profiling Female College Students' Apparel Buying Decision-Making Styles (여대생들의 의류구매 의사결정 스타일 특성에 관한 연구)

  • 정혜영
    • The Research Journal of the Costume Culture
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    • v.12 no.3
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    • pp.468-484
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    • 2004
  • The purposes of this study were (1) to segment female college students' apparel shoppers into unique apparel buying decision-making style groups; and (2) to profile for each segment in terms of personal characteristics (material values, change seeking tendency and prestige sensitivity) and fashion information sources. Data were collected through questionnaires from convenient sample of 290 female college students. As a result of cluster analysis and univariate analysis of variance, distinctive consumer decision-making style groups of consumers were identified; Value-maximizing Recreational Shoppers, Brand-Maximizing Emotional Shoppers, and Apathetic Shoppers. These three groups were compared as to the effect of personal characteristics variables and fashion information sources through univariate analysis of variance and chi-square statistics. The result showed that personal characteristics (material values, change seeking tendency and prestige sensitivity) and fashion-information sources do influence the consumer decision-making styles and that these three groups were unique in their decision-making characteristics showing that consumer decision-making styles can be a good segmentation base for apparel market.

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Students' Perspectives (Stream-Wise) of Parameters Affecting Education Quality in an Affiliated Undergraduate Engineering Institution

  • Kumari, Neeraj
    • Asian Journal of Business Environment
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    • v.4 no.3
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    • pp.13-18
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    • 2014
  • Purpose - This study examines students' perspectives (stream-wise) of parameters affecting education quality in an affiliated undergraduate engineering institution in NCR, Haryana. Research design, data, and methodology - This study involves descriptive research and data collection using a structured questionnaire based on the Likert scale. The sample comprises 500 student respondents. For data analysis, an f-test was performed using high quality SPSS software. Results - For "Selection" and "Personality Development & Industry Exposure," the analysis of variance revealed a statistical difference between the mean values of the groups. Whereas, for "Academic Excellence," "Infrastructure," "Placements," and "Management & Administration," the analysis of variance revealed no statistical difference between the mean values of the groups. Conclusions - Students' perceptions about the "Selection" and "Personality Development & Industry Exposure" change according to the various specializations they opt for in their undergraduate engineering education in Haryana. Whereas, for "Academic Excellence," "Infrastructure," "Placements," and "Management & Administration," the perceptions of the students do not vary because of the different specializations they have opted for in their undergraduate engineering education.

A study on Noninferiority of Proportions (모비율의 NONINFERIORITY에 대한 연구)

  • 강승호
    • The Korean Journal of Applied Statistics
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    • v.16 no.1
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    • pp.117-128
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    • 2003
  • The goal of non-inferiority experiments is to show that the new treatment is not inferior to the standard experiment. In this paper we compare the three methods of variance estimation used in the unconditional exact tests of two proportions. The size and power of the tests with each variance estimation method are compared using complete enumeration.

Multi-Objective Optimization Using Kriging Model and Data Mining

  • Jeong, Shin-Kyu;Obayashi, Shigeru
    • International Journal of Aeronautical and Space Sciences
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    • v.7 no.1
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    • pp.1-12
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    • 2006
  • In this study, a surrogate model is applied to multi-objective aerodynamic optimization design. For the balanced exploration and exploitation, each objective function is converted into the Expected Improvement (EI) and this value is used as fitness value in the multi-objective optimization instead of the objective function itself. Among the non-dominated solutions about EIs, additional sample points for the update of the Kriging model are selected. The present method was applied to a transonic airfoil design. Design results showed the validity of the present method. In order to obtain the information about design space, two data mining techniques are applied to design results: Analysis of Variance (ANOVA) and the Self-Organizing Map (SOM).

Simultaneous modeling of mean and variance in small area estimation

  • Kim, Myungjin;Kim, Dal Ho
    • Journal of the Korean Data and Information Science Society
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    • v.27 no.5
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    • pp.1423-1431
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    • 2016
  • When the sample size in a certain domain is too small to produce adequate information, small area model with random effects is usually used. Also, if we do not consider an inherent pattern which data possess, it considerably affects inference. In this paper, we mainly focus on modeling to handle increased variation of the Current Population Survey (CPS) median income as the Internal Revenue Service (IRS) mean income increases. In a hierarchical Bayesian framework, most estimations are carried out through the Gibbs sampler while the grid method is used to generate parameters from non-standard form. Numerical study indicates that the performance of proposed model is better than that of CPS method in terms of four comparison measurements.

Analysis of the Effects of Satisfaction with Job Participation on Psychological Adaptation of the Elderly

  • Jang, Chun-Ok
    • International Journal of Advanced Culture Technology
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    • v.10 no.2
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    • pp.213-219
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    • 2022
  • This study tried to find various alternatives to live the rest of life positively by examining whether satisfaction with work in old age has a positive effect on psychological adjustment in old age. Using the 15th (2020) data of the Korea Welfare Panel Study (KOWEPS), 117 men and 355 women were analyzed as a sample to verify the effect of job participation satisfaction among the elderly on psychological adjustment. The results of the regression analysis in this paper (F=11.680, p<.001) were analyzed to be significant. The results showed gender (β=-.192, p<.001), age (β=2.004, p<.001), and job participation satisfaction (β=-3.726, p<.001). Therefore, it was found to have an effect on psychological adaptation. In terms of gender, it was found that men had higher psychological adaptability than women, and that the lower the age, the higher the psychological adaptability. As a result, it was confirmed that the elderly's job participation is a simple economic part of the elderly, and the psychologically positive influence increased. The higher the job participation satisfaction, the higher the psychological adaptability.

Point Cloud Measurement Using Improved Variance Focus Measure Operator

  • Yeni Li;Liang Hou;Yun Chen;Shaoqi Huang
    • Current Optics and Photonics
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    • v.8 no.2
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    • pp.170-182
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    • 2024
  • The dimensional accuracy and consistency of a dual oil circuit centrifugal fuel nozzle are important for fuel distribution and combustion efficiency in an engine combustion chamber. A point cloud measurement method was proposed to solve the geometric accuracy detection problem for the fuel nozzle. An improved variance focus measure operator was used to extract the depth point cloud. Compared with other traditional sharpness evaluation functions, the improved operator can generate the best evaluation curve, and has the least noise and the shortest calculation time. The experimental results of point cloud slicing measurement show that the best window size is 24 × 24 pixels. In the height measurement experiment of the standard sample block, the relative error is 2.32%, and in the fuel nozzle cone angle measurement experiment, the relative error is 2.46%, which can meet the high precision requirements of a dual oil circuit centrifugal fuel nozzle.

Empirical Analysis on Rao-Scott First Order Adjustment for Two Population Homogeneity test Based on Stratified Three-Stage Cluster Sampling with PPS

  • Heo, Sunyeong
    • Journal of Integrative Natural Science
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    • v.7 no.3
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    • pp.208-213
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    • 2014
  • National-wide and/or large scale sample surveys generally use complex sample design. Traditional Pearson chi-square test is not appropriate for the categorical complex sample data. Rao-Scott suggested an adjustment method for Pearson chi-square test, which uses the average of eigenvalues of design matrix of cell probabilities. This study is to compare the efficiency of Rao-Scott first order adjusted test to Wald test for homogeneity between two populations using 2009 Gyeongnam regional education offices's customer satisfaction survey (2009 GREOCSS) data. The 2009 GREOCSS data were collected based on stratified three-stage cluster sampling with probability proportional to size. The empirical results show that the Rao-Scott adjusted test statistic using only the variances of cell probabilities is very close to the Wald test statistic, which uses the covariance matrix of cell probabilities, under the 2009 GREOCSS data based. However it is necessary to be cautious to use the Rao-Scott first order adjusted test statistic in the place of Wald test because its efficiency is decreasing as the relative variance of eigenvalues of the design matrix of cell probabilities is increasing, specially more when the number of degrees of freedom is small.