• Title/Summary/Keyword: test of normality

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Entrenchment Effect and Audit Quality in Family Business of Pakistan

  • TAHIR, Safdar Husain;AKRAM, Sadaf;PERVEEN, Shahida;AHMAD, Gulzar;ULLAH, Muhammad Rizwan
    • The Journal of Asian Finance, Economics and Business
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    • 제7권8호
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    • pp.95-102
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    • 2020
  • The purpose of this study is to test both the alignment theory and entertainment theory on family firms listed on the Pakistan Stock Exchange. To achieve these goals, we collected secondary data from 164 non-financial family firms in various sectors during 2014-18. These family firms are classified into two categories: family control firms and family owned firms. We take the audit fee and the audit quality as dependent variables while family control firms, family-owned firms, and family CEOs as independent variables. In addition, the study uses leverage, profit and export as control variables. To test the effect of the explanatory variables on the output variables, we use two econometric models, Ordinary Least Square and the Probit regression model. In addition, Huber Sandwich test is used to check the non-normality and heteroscedasticity of panel data. Contrary to the alignment effect, the study supports the entrenchment effect and advocates that family-controlled firms as well as family-owned firms are not conscientious regarding the selection of external auditors during their contracts with audit firms. They are less likely to pay high audit fees for good quality audit in Pakistan. Furthermore, the study shows a statistically significant and positive relationship between audit quality and audit fees.

Verification Method to Detect the Fake Test Data in Military Supplies (군수업체 시험 데이터 및 시험 시스템 유효성 점검을 위한 제언)

  • Chung, Ilhan;Joo, Jinchun;Kim, Sunggon;Cho, Hyeonghwan;Ahn, Namsu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • 제17권3호
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    • pp.231-240
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    • 2016
  • Recently, fake test data of power cables in nuclear power plants was a terrible shock to the citizens. Some cable companies manipulated the test data to make unfair profits. In addition, fake test data cases were found in military supplies. The fake test data cases focused on parts of army's tank, armored car. This paper propose a new method that can detect fake test data using known statistical methods. In addition, the method was implemented in Microsoft Excel to allow easy use. Lastly, a check sheet was proposed to check the validity of the test system of military suppliers. By detecting and checking the fake test data, it is expected that our new method will play an important role in quality assurance of military supplies.

Statistical Errors of Articles Published in the Journal of Oriental Rehabilitation Medicine(I) (한방재활의학과학회지의 통계적 오류에 관한 고찰(I))

  • Park, Tae-Yong;Heo, Tae-Young;Shin, Byung-Cheul
    • Journal of Korean Medicine Rehabilitation
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    • 제20권4호
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    • pp.105-130
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    • 2010
  • Objectives : The purpose of this study was to assess the statistical methods errors used in the journal of Oriental Rehabilitation Medicine(JORM) and to identify the types of errors in statistical analysis. Methods : We reviewed quantitative articles that were published in the JORM from January 2005 through October 2009. Those were not used by statistical analysis such as literature studies, case study, review articles were not included in this analysis. A total of 296 articles was reviewed. We evaluated the adequacy and the validity of the statistical techniques with our checklist established be modified Lee's checklist, and three statistical evaluators assessed together to minimize bias. Results : Of the 222 articles, 213 were used in inferential and descriptive statistics. Of those 80% of articles adopting descriptive and inferential statistics were detected having statistical errors. One articles used 1.7 statistical method unit generally. Most frequently employed statistics were student t-test, one way ANOVA. pearson correlation analysis, Mann-whitney U test, paired t-test, and chi-square test in their order. However, most frequent statistics having errors were similar in order. The most common statistic errors were as follow: 1. absence of normality test, 2. misuse between paired test and unpaired test, 3. wrong choice of repeated measures analysis without consideration of time variables, 4, increase of Type I error by using inappropriate multiple test, 5. inappropriate application of discrete or categorical data instead of continuous data in correlation analysis, 6. poor consideration of basic consumption in chi-square test, 7. confusion between frequency comparison and average comparison, 8. mentioning the statistical technique without using it. Conclusions : We found various mistake or misuses in the applications of statistical methodologies in the articles published in the JORM. Careful consideration of statistical use and review from the specialist of statistics are warranted for improving the quality of JORM.

The Study on the Statistical Characteristics of Road Traffic Noise in Apartment Complex (국내 단지도로에서 도로교통소음에 대한 통계학적 특성연구 -도로교통 소음원이 수음점에 미치는 수평.수직 음원 분포특성 중심으로-)

  • Cho, Il-Hyoung;Chang, Soon-Woong;Kang, Sung-Won;Kim, Seog-Ku;Ko, Jung-Young
    • Journal of Environmental Science International
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    • 제16권10호
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    • pp.1179-1187
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    • 2007
  • This paper represents the statistical characteristics of sources and receptors for road traffic noise in apartment complex. Also we suggested that the site-specific characteristics of vertical and horizontal distributions in the complex apartment have been derived using a different analysis for evaluating levels of Leq1h by the apartment floor at a given distance from a road in terms of the flow rate, the mean speed of the traffic, and the percentage of the type vehicles in the day and night periods. As a result, the contribution orders of traffic quantity by the type of vehicles showed as followed: light vehicle>medium vehicle>heavy vehicle>motorcycle. Especially, the mixing ratio of entering the road on the heavy vehicle in the daytime was two times higher than that of in the night. The speed in all types of vehicle is in the range of 41 and 81 km/hr and noise level was not significantly different in day and night-time. The sources of road traffic noise had different variations and uncertainties using a random variable and probability distribution. The sound distribution to receptors by the apartment floor showed S curve between 1st floor and $15^{th}$ floor With the normality test, the normal distributions using Anderson-Darling Test followed $1^{st},\;3^{th},\;13^{th}$ and $15^{th}$, floor in the daytime and all floors except $7^{th}$ floor in the night (p>0.05). And also, the value of the pearson correlation coefficient (r) obtained in this study have significantly different at the range of floor. In conclusion, the results suggested that the distribution characteristics of levels of $Leq_{1h}$ on the sources and receptors of road traffic noise in apartment complex must be improved and developed on the guideline of regulation of road traffic noise.

The Development of Neural Network Model to Improve the Reliability of the Demand/Effort Model for Evaluating Highway Safety (도로위험도를 평가하는 요구/노력모형의 신뢰도 향상을 위한 신경망 모형 개발)

  • Jeong, Bong-Jo;Gang, Jae-Su;Jang, Myeong-Sun
    • Journal of Korean Society of Transportation
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    • 제27권2호
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    • pp.95-105
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    • 2009
  • Traffic accidents on highways are likely to happen when there is an imbalance in the complex relationships among key elements such as road geometries, driver related factors, and mechanical performances. The Demand-Effort Model (DEM), which evaluates highway safety, can be explained by the imbalance, which occurs when the level of demand of the driver's attention to the road environment exceeds that of the response from the driver. This study suggests a new model that improves the reliability of the current DEM through the reinterpretation on the physiological signals with the help of the Neural Network Model (NNM). The data were collected from 149 subjects, who drove a test vehicle on the Yongdong, Honam, and Seohaean Expressways in Korea. Three important results could be drawn from the recursive tests as follows; (1) Only 5 out of 10 parameters on the physiological signals which are currently used were proven to be meaningful through the Normality Test, Cluster Analysis, and Mann-Whitney Analysis. (2) The revised DEM, which internally uses the NNM, showed more reliable results than existing DEM. Group 1, which is based on the new DEM showed 80.0% of accuracy in measuring the level of driver's efforts, however, that of Group 2 based on the current DEM was 74.3%. (3) Field tests on the Honam Expressway showed lower 'type II error' with the new DEM (40.5%) than the old DEM (58.8%). The DEM is designed as a quick and easy way to determine highway safety prior to the minute road safety audit (RSA) by a professional audit team. Then a new DEM, which is based on the NNM, needs to be considered since it showed higher reliability and lower error.

Clothing Expenditure Analysis of Urban Households (도시가계의 피복비지출에 관한 연구)

  • 배미경
    • Journal of the Korean Home Economics Association
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    • 제35권1호
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    • pp.415-428
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    • 1997
  • In the present study we examined clothing expenditure patterns and related variables in Korea. In addition we analyzed the differences of clothing expenditure patterns between overall overspenders and non-overspenders. We use the Family Income and Expenditure Study published by the National Statistical Office of Korea. Double logarithm functional forms were used to adjust the normality of sample distribution and multiple regression analyses and t-test were utilized as a statistical tools. The present study was divided into four folders. First the income elasticity of clothing expenditures was examined by different groups such as age job and education levels of households as percentage change of clothing expenditures to a percentage change of income. Second to analyze the effects of demogtraphic and socio-economic variables on clothing expenditure we utlized the standardized coefficients in the separate regression equation by demographic and socio-economic variables. Third using spending to income ratio we investigated the differnces of the clothing expenditure patterns between overall overspenders and non-overspenders. Fourth the effects of independent variables by ovespenders and non-overspenders werediscussed.

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Three-Dimensional Behavior of Granular Soil (압상토의 3차원 거동)

  • 정진섭
    • Magazine of the Korean Society of Agricultural Engineers
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    • 제37권2호
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    • pp.64-72
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    • 1995
  • A series of cubical triaxial tests with three independent principal stresses was per- formed on Baekma river sand( # 40~100). It was found that the major principal strain at failure remained approximately constant for b values larger than about 0.3 for both the drained and undrained condition, and thereafter increased as b value decreased. The test results showed that the direction of the strain increment at failure form acute angles with the failure surfaces for both the drained and undrained condition. The results were thus not in agreement with the normality condition from classic plasticity theory. Howev- er, it was found that the projections of the plastic strain increment vectors on the octahe- dral plane were perpendicular to the failure surface in that plane. Failure strength in terms of effective stress anlaysis was greatly influenced by the variation of intermediate principal stress and so was failure criterion. The effective stress failure surfaces for both the drained and undrained condition were estimated quite well by use of Lade's failure criterion.

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A New Design Procedure for the Evaluation of Rod Bow DNBR Penalty

  • Paik, Hyun-Jong;Yang, Seung-Geun
    • Nuclear Engineering and Technology
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    • 제28권3호
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    • pp.331-338
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    • 1996
  • In the thermal-hydraulic design, the effect of fuel rod bow is quantified tv the rod bow DNBR penalty which is a key design parameter to assure the coolability of fuel assembly in the pressurized water reactor. In this work, a computer program for the evaluation of the rod bow DNBR penalty based on Westinghouse methodology is developed and its application procedure is proposed. The computer simulation is based on the Monte-Carlo method. The qualification of developed computer program is performed by a comparison of calculational result with that given by Westinghouse's document. A new application procedure is built using batch mean and batch standard deviation. The normality of sample population generated by the batch calculation is confirmed by means of a chi-square test for goodness of fit. On the view point of statistics it is effected that the more reliable design value may be produced by the new application procedure.

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Testing Whether a Survival Distribution is Better Mean Residual Life at Age $t_0$

  • Alwasel Ibrahim A.;El-Bassiouny Ahmed H.
    • International Journal of Reliability and Applications
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    • 제7권1호
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    • pp.1-11
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    • 2006
  • The better mean residual life at $t_0\;(BMRL-t_0)$ class of life distribution is introduced by Kulasekara and Park (1987). They proved that the $BMRL-t_0$ class contains the DMRL class, but it is a proper subclass of the NBUE class. In this paper we develop a new family of tests for testing exponentiality against the $BMRL-t_0\;(WMRL-t_0)$ alternatives based on the goodness of fit approach. It is shown that the suggested test is better than the one introduced by Kulasekara and Park (1987) in the sense of Pitman asymptotic efficiency values.

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Design of Combined Shewhart-CUSUM Control Chart using Bootstrap Method (Bootstrap 방법을 이용한 결합 Shewhart-CUSUM 관리도의 설계)

  • 송서일;조영찬;박현규
    • Journal of Korean Society of Industrial and Systems Engineering
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    • 제25권4호
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    • pp.1-7
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    • 2002
  • Statistical process control is used widely as an effective tool to solve the quality problems in practice fields. All the control charts used in statistical process control are parametric methods, suppose that the process distributes normal and observations are independent. But these assumptions, practically, are often violated if the test of normality of the observations is rejected and/or the serial correlation is existed within observed data. Thus, in this study, to screening process, the Combined Shewhart - CUSUM quality control chart is described and evaluated that used bootstrap method. In this scheme the CUSUM chart will quickly detect small shifts form the goal while the addition of Shewhart limits increases the speed of detecting large shifts. Therefor, the CSC control chart is detected both small and large shifts in process, and the simulation results for its performance are exhibited. The bootstrap CSC control chart proposed in this paper is superior to the standard method for both normal and skewed distribution, and brings in terms of ARL to the same result.