M. Bujang, Puzziawait Ab Ghani, Nur Amirah Zolkepali, Mariana Mohamad Ali, T. Adnan, S. Selvarajah, J. Haniff
{"title":"Modification of systematic sampling: A comparison with a conventional approach in systematic sampling","authors":"M. Bujang, Puzziawait Ab Ghani, Nur Amirah Zolkepali, Mariana Mohamad Ali, T. Adnan, S. Selvarajah, J. Haniff","doi":"10.1109/ICSSBE.2012.6396525","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396525","url":null,"abstract":"Systematic sampling is a nonbiased method in recruitment selection process since it is a probability sampling. However, due to slow recruitment, we modified the systematic sampling and evaluate this technique in comparison with the conventional approach of systematic sampling. In this study, we compare results derived from analysis of few sub samples, with the true parameter from the population based on modified systematic sampling and conventional systematic sampling. We found that our modified systematic sampling is slightly better than conventional approach in systematic sampling.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127494103","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Bujang, Puzziawati Ab Ghani, Nur Amirah Zolkepali, S. Selvarajah, J. Haniff
{"title":"A comparison between convenience sampling versus systematic sampling in getting the true parameter in a population: Explore from a clinical database: The Audit Diabetes Control Management (ADCM) registry in 2009","authors":"M. Bujang, Puzziawati Ab Ghani, Nur Amirah Zolkepali, S. Selvarajah, J. Haniff","doi":"10.1109/ICSSBE.2012.6396615","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396615","url":null,"abstract":"Systematic sampling is an ideal sampling technique when sampling frame is not available. Dealing with patient's recruitment make convenience sampling is a choice for most of clinicians. We compare results derived from analysis of eight subsamples with the true parameter from the population based on convenience sampling with first come and first serve basis and systematic sampling. This paper discussed at what extent convenience sampling with first come and first serve basis can be a valid sampling technique in comparison with conventional systematic sampling.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126730848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
S. N. S. S. M. Shahruddin, Fauziah Hanim Tafri, N. Lazam
{"title":"Optimal portfolio: “Empirical investigation of food industry listed in KLSE”","authors":"S. N. S. S. M. Shahruddin, Fauziah Hanim Tafri, N. Lazam","doi":"10.1109/ICSSBE.2012.6396574","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396574","url":null,"abstract":"In earlier studies on optimum combination of stock focused mainly on stocks that only give high impact to the stock market. In contrast to previous studies, this research investigated on optimum combination of stock on food industry listed in Kuala Lumpur Stock Exchange (KLSE) which gives positive return during the challenging period. Hence how reliable is investing in the optimal portfolio of food industry and to compare the optimal combination of food industry. The data are obtained from Bloomberg of daily closing price of food industry listed in KLSE for the period within seven years starting from January 2002 to December 2008. In order to accommodate for the dynamic structure of the volatility in the market, a Generalized Autoregressive Conditionally Heteroscedastic (GARCH) model was applied to the Markowitz Portfolio Selection model to generate the covariance and correlation matrix. The result shows that about 14 of the food securities or 19 percent fall under the optimum portfolio out of 71 securities between years 2002 to 2006 and can be conclude that the optimum portfolio in food industry generate a positive return during the year 2002 to 2006 even though market show negative return.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126784546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Stochastic FluSiM for influenza transmission dynamics","authors":"W. K. Tan, S. Y. Teh, H. Koh","doi":"10.1109/ICSSBE.2012.6396639","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396639","url":null,"abstract":"Influenza A (H1N1) global outbreak in 2009 highlighted the need to better understand the dynamics of influenza transmission. To assist health authorities in decision making during influenza pandemics, models are used to project the spread of influenza and to evaluate the cost benefit of intervention such as quarantine and vaccination. The deterministic epidemiology model SIR (susceptible-infectiverecovered) is widely used by the United States Centers for Disease Control and Prevention (US CDC) and many researchers. In USM, an in-house SIR model codenamed FluSiM was developed to track the evolution of influenza such as H1N1 in a specified population and to evaluate benefit of interventions. FluSiM has been validated using the 2009 Influenza A (H1N1) data for Malaysia. A more realistic analysis and projection of the spread of influenza can be obtained by incorporating biological and epidemiological heterogeneity into the model. In this paper, the in-house deterministic FluSiM model is enhanced into a stochastic model by allowing vital disease transmission process parameters, to randomly change with time, given specified means and standard deviations. These stochastic disease transmission parameters that control the progression of influenza follow a normal distribution within the reported range. This stochastic FluSiM model allows us to investigate the uncertainty of disease evolution from its onset. Simulation results of the stochastic FluSiM model show the general bell-shaped epidemic curve, but occasionally exhibit disease evolution that is beyond the range of deterministic SIR.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"2014 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128255446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dynamic responses of classic spar platforms subjected to long crested waves: Morison equation vs. Diffraction theory","authors":"V. J. Kurian, C. Ng, M. S. Liew","doi":"10.1109/ICSSBE.2012.6396620","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396620","url":null,"abstract":"Morison equation, Froude Krylov theory and Diffraction theory are the common theories used to evaluate the wave force for offshore structures. The applicability of these theories is based upon the type and size of the member of the structures. Morison equation is normally used for small structures compared to wave length, while for large structures Diffraction theory needs to be applied. However, in many cases Morison equation has been used to obtain the wave forces for classic spars, which are large offshore structures installed in deepwater. This paper presents the results of numerical investigation of an offshore classic spar platform subjected to long crested waves. Two numerical simulations were developed by incorporating the Morison equation and Diffraction theory to obtain the wave forces. The classic spar was modeled as a rigid body with three degrees of freedom restrained by mooring lines. In the simulation, the mass, damping and stiffness matrices were evaluated at every time step. The equations of motion were formulated for the platform dynamic equilibrium and solved by using Newmark Beta method. The results were obtained in terms of Response Amplitude Operator (RAO) for surge, heave and pitch motions. The dynamic responses obtained were compared.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121317508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
P. Zemroch, C. Davenport, M. Evans, R. Stradling, K. Rose, B. Engelen, Steve McArragher
{"title":"Statistical design and analysis of a test programme to assess the volatility characteristics of ethanol/gasoline blends","authors":"P. Zemroch, C. Davenport, M. Evans, R. Stradling, K. Rose, B. Engelen, Steve McArragher","doi":"10.1109/ICSSBE.2012.6396542","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396542","url":null,"abstract":"Designing a measurement programme to assess the volatility characteristics of ethanol/gasoline blends posed challenges as the seven base fuel properties of interest were highly constrained and difficult to manipulate independently of one another. The target base fuel matrix was generated by augmenting a 49-fuel fraction of a 75 factorial with 11 additional fuels chosen using D-optimality. Two of the five factors were treated as pseudo-factors and used to generate the levels of two pairs of mutually constrained properties. The 60 base fuels were then blended and subsequently splash blended with 5%, 10%, 15%, 20% & 25% ethanol. The test order for the resulting 360 fuels was structured and randomized to reduce the risk of extraneous sources of variation contaminating the regression models subsequently fitted to the data. Cross-concentration models had to be fitted by generalized least squares techniques as the measured values of the principal dependent variable were structurally correlated.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114341121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Revisiting Markowitz's Mean Variance analysis: A review from shariah perspective","authors":"Mohamad Hafiz Hazny, H. Hashim, A. Y. Yusof","doi":"10.1109/ICSSBE.2012.6396577","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396577","url":null,"abstract":"The analysis on the portfolio theory doubtfully complies with shariah. Therefore, this paper presented a review to the Markowitz's Mean Variance Model (Portfolio Theory) and discussed the fundamentals underlying the model in term of shariah compliances. First, the assumptions of Markowitz's model were revised in term of compliances with shariah and the appropriate modifications were discussed that lead to the variation of efficient frontier and the characteristic of return and risk. Intriguingly, the principles of Islamic finance do agree with many conventions underlying the model. However, it was uncovered that Islamic variables such as prohibition of short selling, purification and zakat, should be integrated in the model. Lastly, the study presented empirical results on the new Islamic mean variance analysis in term of the resulting efficient frontier. In conclusion, a new revised mean-variance analysis should overcome the gap in conventional tools in measuring risk and returns and making decision on the choice of investments according to shariah.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"152 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114015529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Photovoltaic array modelling with P&O MPPT algorithm in MATLAB","authors":"F. Z. Hamidon, P. D. A. Aziz, N. M. Yunus","doi":"10.1109/ICSSBE.2012.6396616","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396616","url":null,"abstract":"Photovoltaic (PV) arrays are used in many terrestrial applications. It exhibits a non-linear i-v characteristic which electrical energy production is depending on typical conditions such as solar irradiance and temperature. For best utilizations, the PV arrays must be operated at their maximum power point (MPP) via good implementation of Maximum Power Point Tracking (MPPT) algorithm technique. It is important to be aware that the MPP varies with respect to the characteristic of PV arrays in various conditions as mentioned above. Thereby, a detailed simulation model of PV array by employing the most popular MPPT algorithm of Perturb & Observe (P&O) has been developed in MATLAB. This model allows characterizing the PV array in terms of different temperature and irradiance as variable parameters. The parameters' variations under Malaysian conditions are also being considered. The outputs of the model are i-v and p-v characteristics as well as the voltage, current and power at MPP of the PV array are simulated from MATLAB script file. The simulation results will be presented and analyzed in this paper.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124367860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Estimate the risk with residual service life of rolling stock","authors":"Zaenab Kareem Abood Al-Ammar","doi":"10.1109/ICSSBE.2012.6396517","DOIUrl":"https://doi.org/10.1109/ICSSBE.2012.6396517","url":null,"abstract":"In this paper we use Fuzzy set method to solve one of the important problems in mechanical engineering (risk when extend the service life). The residual service life for rolling stock can change depending on it's using conditions. The Paper offer's a new method depending on fuzzy set method by using the material mechanical and chemical corrosion mathematical model to determine the residual service for rolling stock with the value of risk of it's usage in future.","PeriodicalId":106884,"journal":{"name":"2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE)","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132564803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}