• 경영과학
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• 제32권4호
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• pp.57-67
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• 2015

It is a familiar Wall Street adage that "It takes volume to make prices move." Numerous researches have found the positive correlation between trading volume and price changes. Recent studies have documented that informed traders have strong influences on stock market prices through their trading with distinctive information power. Ever since 1992 capital market liberalization in Korea, it is said that foreign investors make consistent profits with their superior information and analytical skills. This study aims at whether we can make a profitable trading strategy by using the foreign investors' trading information. We analyse the relation between the KOSPI index returns and the foreign investors trading volume using GARCH models and VAR models. This study suggests the profitable trading strategies based on the documented relation between the foreign investors' trading volume and KOSPI index returns. We simulate the trading system with the real stock market data. The data include the daily KOSPI index returns and foreign investors' trading volume for 2001~2013. We estimate the GARCH and VAR models using 2001~2011 data and simulate the suggested trading system with the remaining out-of-sample data. Empirical results are as follows. First, we found the significant positive relation between the KOSPI index returns and contemporaneous foreign investors' trading volume. Second, we also found the positive relation between the KOSPI index returns and lagged foreign investors' trading volume. But the relation showed no statistical significance. Third, our suggested trading system showed better trading performance than B&H strategy, especially trading system 2. Our results provide good information for uninformed traders in the Korean stock market.

• 한국산림과학회지
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• 제19권1호
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• pp.49-54
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• 1973

면적(面積)이 광대(廣大)하며 지형(地形)은 험준(險峻)한 산림(山林)에서 그의 축적(蓄積)을 조사(調査)하기에는 여러 난점(難點)이 많다. 중량(重量)과 용적(容積)에 비(比)하여 그 가격(價格)이 저렴(低廉)한 임목(林木)의 축적(蓄積)을 조사(調査)하는데 많은 시간(時間)과 노력(勞力)을 소비(消費)함은 산림경영상(山林經營上) 아주 비경제적(非經濟的)이다. 그러므로 항공사진(航空寫眞)만을 가지고 용이(容易)하게 ha 당(當) 임분재적(林分材積)을 추정(推定)할 수 있도록 임분재적표(林分材積表)를 작성(作成)하고 임분재적(林分材積)과 관련(關聯)있는 인자(因子)의 재적추정(材積推定)에의 관여성(關與性)을 구명(究明)하였다. 재료(材料)는 임업시험장(林業試驗場) 광릉시험림내(光陵試驗林內)에 식재(植栽)한 잣나무림(林) 114개소(個所)이며 근래(近來)에 발달(發達)한 통계학(統計學)의 일종(一種)인 다변량해석(多變量解析)과 수량화(數量化)의 이론(理論)을 응용(應用)하였으며 계산(計算)은 한국과학기술연구소(韓國科學技術硏究所)(K.I.S.T.)의 전자계산기연구실(電子計算機硏究室)에서 행(行)하였다. 조제(調製)된 임분재적표(林分材積表)의 중상관계수(重相關係數)는 0.85~0.88 로 상당(相當)히 높은 정확도(正確度)를 갖고 있다.

• 대한간호학회지
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• 제27권3호
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• pp.683-693
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• 1997

Urinary incontinence is defined as the involuntary and inappropriate loss of urine to failure to emit normal responses as the bladder fills, or inability to reach the bathroom in sufficient time. This study was undertaken to estimate the incidence of urinary incontinence and to determine the correlates of urinary incontinence among women. Subjects of this survey consisted of 408 women, 26 to 83 years old in Incheon. The results of this study are as follows. 1. Of the subjects 50.7% reported urine loss once or twice per year and 28.5% reported incontinence on a regular basis at least once per month. 2. 40.5% of women reported small volume accidents of only 1 to 2 drops, 31.4% ; 1 t-spoon, 16.9% : 1 T-spoon, while 10.1% of women couldn't estimate the volume of urine loss. 3. The volume of urine loss was great enough to require a change of garment (undergarments or outer garments) in 73%. But only 3.8% of those used some type of pads. 4. 56.5% of incontinent women didn't talk about their urinary incontinence with other persons because they felt that urinary incontinence was shameful(38.4%), was not a disease(31.6%), was incurable in spite of treatment(27.4%) and was fearful of being uncured (2.6%). 5. Only 15.5% of urinary incontinent women had sought treatment. 6. The incidence of urinary incontinence was significantly higher in women who had more pariety and uterine-ovarian disease, older age, worrying about where toilets were when they visited new places or voiding anxiety, nocturia and frequency, but was significantly lower in women who had coffee intake. The incidence of urinary incontinence was not related to smoking and enuresis. The results indicate that urinary incontinence is common among young and middle-aged women. That few seek treatment for urinary incontinence suggests a need for more information about women's attitudes toward urinary incontinence and more attention to this problem by health care providers.

• Journal of Preventive Medicine and Public Health
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• 제42권2호
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• pp.135-142
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• 2009

Objectives : An appropriate sampling strategy for estimating an epidemiologic volume of diabetes has been evaluated through a simulation. Methods : We analyzed about 250 million medical insurance claims data submitted to the Health Insurance Review & Assessment Service with diabetes as principal or subsequent diagnoses, more than or equal to once per year, in 2003. The database was re-constructed to a 'patient-hospital profile' that had 3,676,164 cases, and then to a 'patient profile' that consisted of 2,412,082 observations. The patient profile data was then used to test the validity of a proposed sampling frame and methods of sampling to develop diabetic-related epidemiologic indices. Results : Simulation study showed that a use of a stratified two-stage cluster sampling design with a total sample size of 4,000 will provide an estimate of 57.04%(95% prediction range, 49.83 - 64.24%) for a treatment prescription rate of diabetes. The proposed sampling design consists, at first, stratifying the area of the nation into "metropolitan/city/county" and the types of hospital into "tertiary/secondary/primary/clinic" with a proportion of 5:10:10:75. Hospitals were then randomly selected within the strata as a primary sampling unit, followed by a random selection of patients within the hospitals as a secondly sampling unit. The difference between the estimate and the parameter value was projected to be less than 0.3%. Conclusions : The sampling scheme proposed will be applied to a subsequent nationwide field survey not only for estimating the epidemiologic volume of diabetes but also for assessing the present status of nationwide diabetes control.

• 한국농공학회지
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• 제29권2호
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• pp.53-63
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• 1987

Due to their wide range of application, deterministic comprehensive hydrologic models using digital computers have been developed in all countries of the world and researches are being undertaken for their appropriate applications. The aim of this study has been to demonstrate the practical implementation of a physically based distributed hydrologic model, the USDAHL-74 model and to investigate its ability to simulate the long term estimate of water balance quantities in a Korean mountainous watershed. Application of the model to Dochuk watershed indicates the following results. 1.Since the USDAHL-74 model includes all the major components of the hydrologic cycle in agricultural watersheds, thus is comprehnsive, the model seems to have a wide range of application from the fact that simulation results obtained are not only runoff volumes m various time units but their spatial variation as well as even soil moisture within the watershed. 2.An approximate calibration to determine the parameter values in the model using various data obtained from D0chuk shed shows that the simulation error of yearly runoff volume is only 0.6 % and a correlation coefficient between observed daily runoff volume and simulated one is 0.91 in all calibrated period.3.As a verification test of the model, runoff volumes are simulated using 1986 year data without changing the parameter values determined by 1985 year data. The tests show that the USDAHL-74 model is a flexible tool and that realistic production to simulate the long term estimate of runoff in Korean mountainous watershed could be obtained using only a short period of calibration.4. Despite of the encouraging results, there still remain minor problems concerning the practical application of the model to improve the result of simulations. Some of these are the small descrepancies between observed and simulated daily runoff volume appeared in the vicinity of peaks and the recession of1 the daily hydrographs and the model performance for the frozen ground and melting process in the model. 5. Alough the use of parameter with physical significance and the ability to improve calibrations on the basis of physical reasoning represents advantages in the simulation for ungaged watersheds, further researches are needed to use the USDAHL-74 mode to simulate runoff in ungaged watersheds.

• 수산경영론집
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• 제31권2호
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• pp.133-153
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• 2000

During the last several decades, Korea has been regarded as one of the fastest growing economies in the world. However, the small size of national land has not met the vigorous demand for land necessary to develop economic infra-structures such as large-scale harbors airports and highways. In order to satisfy the growing demand for land, the Korean government and industry have implemented the national land development programs to reclaim land from the sea fur the several decades. It is certain that these land development programs have resulted in a lot of property disputes between fishermen and public project administrators. This paper is to develop a quantitative model to estimate compensation for damages or restriction of charted fisheries resulting from large-scale public projects. In this paper, the compensation model is derived by using cost-volume-profit analysis framework because the compensation for charted fisheries basically depends on the factors such as the costs, production volume, profit of charted fisheries damaged or restricted by public projects. The model shows that the compensation for damages or restriction of charted fisheries is determined by the average annual profit, damage duration period, and the degree of fishery damages. In addition, the degree of fishery damages measured by the ratio of lost profit to annual average profit turns out to be determined by the following factors: annul profit, unit variable cost, decrease in production volume, the rate of increase in variable cost, and a change in fixed cost. Furthermore, this parer discusses the nam issues related to practices and regulation of the compensation for fishery damages in the current Fishery Act of Korea and suggests some appraisal methods which will be able to lead to theoretically correct and fair compensation for fisheries damages resulting from large-scale public projects.

• 한국소음진동공학회논문집
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• 제22권10호
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• pp.985-993
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• 2012

In this paper, a new method is proposed to estimate the sound pressure generated from gasoline direct injection (GDI) engine. There are many noise sources as much as components in GDI engine. Among these components, fuel pump, fuel injector, fuel rail, pressure pump and intake/exhaust manifolds are major components generated from top of the engine. In order to estimate the contribution of these components to engine noise, the total sound pressure at the front of the engine is estimated by using airborne source quantification (ASQ) method. Airborne source quantification method requires the acoustic source volume velocity of each component. The volume velocity has been calculated by using the inverse method. The inverse method requires many tests and has ill-condition problem. This paper suggested a method to obtain volume velocity directly based on the direct measurement of sound intensity and particle velocity. The method is validated by using two known monopole sources installed at the anechoic chamber. Finally the proposed method is applied to the identification and contribution of noise sources caused by the GDI components of the test engine.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2015년도 학술발표회
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• pp.467-467
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• 2015

Sustainable water resource management requires the assessment of hydrological variability in response to climate fluctuations and anthropogenic activities. Determining quantitative estimates of water balance and total basin discharge are of utmost importance to understand the variations within a basin. Hard-to-reach areas with few infrastructures, coupled with lengthy administrative procedures makes in-situ data collection and water management processes very difficult and unreliable. In this study, the hydrological behavior of Lake Chad whose extent, extreme climatic and environmental conditions make it difficult to collect field observations was examined. During a 10 year period [January 2003 to December 2013], dataset from space-borne and global hydrological models observations were analyzed. Terrestial water storage (TWS) data retrieved from Gravity Recovery and Climate Experiment (GRACE), lake level variations from Satellite altimetry, water fluxes and soil moisture from Global Land Data Assimilation System (GLDAS) were used for this study. Furthermore, we combined altimetry lake volume with TWS over the lake drainage basin to estimate groundwater and soil moisture variations. This will be validated with groundwater estimates from WaterGAP Global Hydrology Model (WGHM) outputs. TWS showed similar variation patterns Lake water level as expected. The TWS in the basin area is governed by the lake's surface water. As expected, rainfall from GLDAS precedes GRACE TWS with a phase lag of about 1 month. Estimates of groundwater and soil moisture content volume changes derived by combining altimetric Lake Volume with TWS over the drainage basin are ongoing. Results obtained shall be compared with WaterGap Hydrology Model (WGHM) groundwater estimate outputs.

• Journal of Biosystems Engineering
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• 제27권3호
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• pp.227-234
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• 2002

This study was conducted to nondestructively estimate the volumetric information of peach and pit and to visualize the 3D information of internal structure from magnetic resonance imaging(MRI) data. Bruker Biospec 7T spectrometer operating at a proton reosonant frequency of 300 MHz was used for acquisition of MRI data of peach. Image processing algorithms and visualization techniques were implemented by using MATLAB (Mathworks) and Visualization Toolkit(Kitware), respectively. Thresholding algorithm and Kohonen's self organizing map(SOM) were applied to MRI data fur region segmentation. Volumetric information were estimated from segemented images and compared to the actual measurements. The average prediction errors of peach and pit volumes were 4.5%, 26.1%, respectively for the thresholding algorithm. and were 2.1%, 19.9%. respectively for the SOM. Although we couldn't get the statistically meaningful results with the limited number of samples, the average prediction errors were lower when the region segmentation was done by SOM rather than thresholding. The 3D visualization techniques such as isosurface construction and volume rendering were successfully implemented, by which we could nondestructively obtain the useful information of internal structures of peach.

• 대한의용생체공학회:의공학회지
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• 제28권4호
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• pp.577-584
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• 2007

Uroflowmetry is non-invasive and easily performed to diagnose benign prostatic hypertrophy(BPH) frequent in aged men. Weight change during urination is usually measured to estimate the urinary flow rate by a load cell, but sensitive to any impacts against the bottom of the container, leading to unnecessary noise generation. Moreover, load cells are relatively expensive raising the production cost. The present study proposed a new technique, measuring hydraulic pressure on the bottom of the urine container to evaluate the urinary volume. Low cost pressure transducer enabled almost perfectly linear relationship between the urine volume and the hydraulic pressure. During both the simulated and human urination experiments, variance of the pressure signal was more than 50% smaller than the weight signal acquired by a load cell, which demonstrated that the impact noise was decreased to a great degree by pressure compared to weight measurement.