• Journal of the Korean Data and Information Science Society
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• v.21 no.2
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• pp.219-229
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• 2010

There have been many researches on the risk management due to rapid increase of various risk factors for financial assets. Aa a method for comprehensive risk management, Value at Risk (VaR) is developed. For estimation of VaR, it is important task to solve the problem of asymmetric distribution of the return rate with heavy tail. Most real distributions of the return rate have high positive kurtosis and low negative skewness. In this paper, some alternative distributions are used to be fitted to real distributions of the return rate of financial asset. And estimates of VaR obtained by using these fitting distributions are compared with those obtained from real distribution. It is found that normal mixture distribution is the most fitted where its skewness and kurtosis of practical distribution are close to real ones, and the VaR estimation using normal mixture distribution is more accurate than any others using other distributions including normal distribution.

• Journal of Korea Water Resources Association
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• v.35 no.3
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• pp.275-284
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• 2002

In this study, a method of random resampling of residuals from stochastic models such as the Monte-Carlo model, the lag-one autoregressive model(AR(1)) and the periodic lag-one autoregressive model(PAR(1)), has been adopted to generate a large number of long traces of annual and monthly steamflows. Main advantage of this resampling scheme called the Bootstrap method is that it does not rely on the assumption of population distribution. The Bootstrap is a method for estimating the statistical distribution by resampling the data. When the data are a random sample from a distribution, the Bootstrap method can be implemented (among other ways) by sampling the data randomly with replacement. This procedure has been applied to the Yongdam site to check the performance of Bootstrap method for the streamflow generation. and then the statistics between the historical and generated streamflows have been computed and compared. It has been shown that both the conventional and Bootstrap methods for the generation reproduce fairly well the mean, standard deviation, and serial correlation, but the Bootstrap technique reproduces the skewness better than the conventional ones. Thus, it has been noted that the Bootstrap method might be more appropriate for the preservation of skewness.

• Magazine of the Korean Society of Agricultural Engineers
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• v.32 no.E
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• pp.20-32
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• 1990

Abstract This study was conducted to pursue the normalization of frequency distribution by making an approach to the coefficient of skewness to nearly zero through the Box-Cox transformation, to get probable flood flows can be calculated by means of the transformation equation which has been derivated by Box-Cox transformation in the annual maximum series of the applied watersheds. It has been concluded that Box-Cox transfromation is proved to be more efficient than logarithmic, square root and SMEMAX transformation which is based on the trigonometric solution of a right triangle whose three verteces repesent the smallest, median and largest observed values of a population in making the coefficient of skewness nearer to zero. Consequently it is shown that probable flood flows according to the return period based on Box-Cox transformation are closer to the observed data as compared to other methods including SMEMAX transformation and fitted probability distributions such as the three parameter lognormal and the type I extremal distribution for the applied watersheds.

• Proceedings of the KIEE Conference
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• 1998.07d
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• pp.1478-1480
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• 1998

Inception and propagation of electrical tree and properties of partial discharge(PD) pulses accompanying with tree in low density polyethylene were discussed. We observed the characteristics of process of electrical tree by using optical microscope and investigated the statistical characteristics of the PD pulses by analyzing PD quantities and distribution patterns. The PD pulses were analyzed by q-n, $\phi$-n and $\phi$-q distribution. The statistical operators used were skewness(s), kurtosis(k) and average phase angle. The skewness and average discharge phase angle of PD pulses increased as the Propagation of tree. The kurtosis was about 1.8 at the Inception of tree, but It increased as the propagation of tree.

• Restorative Dentistry and Endodontics
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• v.38 no.1
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• pp.52-54
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• 2013

• Journal of the Korean Data and Information Science Society
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• v.11 no.2
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• pp.217-223
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• 2000

In this paper, we develop optimal decision interval exponentially weighted moving average(EWMA) scheme for the process mean and the reciprocal measure of dispersion of the inverse Gaussian distribution.

• Journal of the Korean Data and Information Science Society
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• v.23 no.5
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• pp.1017-1025
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• 2012

We consider estimations for the reliability in two independent variables with Pareto and uniform or exponential distributions. And then we compare the mean squared errors of two reliability estimators for each case. We also observe the skewness of densities of the ratio for each case.

• Magazine of the Korean Society of Agricultural Engineers
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• v.37 no.E
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• pp.1-9
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• 1995

It is shown that two step power transformation is more efficient for the normalization of frequency distribution with the coefficient of skewness of zero in comparison with others including SMEMAX and power transformations. It is confirmed that the design low flows calculated using power and two step power transformations used in this study are generally nearer to the observed data as compared with those of SMEMAX transformation at all return periods in the applied watersheds of the Kum, Naktong and Yongsan rivers in Korea.

• Communications for Statistical Applications and Methods
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• v.19 no.5
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• pp.685-696
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• 2012

These days the interest of quality leads to the necessity of control charts for monitoring the process in various fields of practical applications. The $\overline{X}$ chart is one of the most widely used tools for quality control that also performs well under the normality of quality characteristics. However, quality characteristics tend to have nonnormal properties in real applications. Numerous recent studies have tried to find and explore the performance of $\overline{X}$ chart due to non-normality; however previous studies numerically examined the effects of non-normality and did not provide any theoretical justification. Moreover, numerical studies are restricted to specific type of distributions such as Burr or gamma distribution that are known to be flexible but can hardly replace other general distributions. In this paper, we approximate the false alarm rate(FAR) of the $\overline{X}$ chart using the Edgeworth expansion up to 1/n-order with the fourth cumulant. This allows us to examine the theoretical effects of nonnormality, as measured by the skewness and kurtosis, on $\overline{X}$ chart. In addition, we investigate the effect of skewness and kurtosis on $\overline{X}$ chart in numerical studies. We use a skewed-normal distribution with a skew parameter to comprehensively investigate the effect of skewness.

• Journal of Mechanical Science and Technology
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• v.14 no.12
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• pp.1386-1395
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• 2000

The mear field structure of round turbulent jets with initially asymmetric velocity distributions is investigated experimentally. Experiments are carried out using a constant temperature hot-wire anemometry system to measure streamwise velocity in the jets. The measurements are undertaken across the jet at various streamwise stations in a range starting from the jet exit plane and up to a downstream location of twelve diameters. The experimental results include the distributions of mean and instantaneous velocities, vorticity field, turbulence intensity, and the Reynolds shear stresses. The asymmetry of the jet exit plane was obtained by using circular cross-section pipes with a bend upstream of the exit. There pipes used here include a straight pipe, and 90 and 160 degree-bend pipes. Therefore, at the upstream of the upstream of the pipe exit, secondary flow through the bend mean streamwise velocity distribution could be controlled by changing the curvature of pipes. The jets into the atmosphere have two levels of initial velocity skewness in addition to an axisymmetric jet from a straight pipe. In case of the curved pipe, a six diameter-long straight pipe section follows the bend upstream of the exit. The Reynolds number based on the exit bulk velocity is 13,400. The results indicate that the near field structure is considerably modified by the skewness of an initial mean velocity distribution. As the skewness increases, the decay rate of mean velocity at the centerline also increases.