NON-LINEAR ADJUSTMENT PROCESS IN WON/DOLLAR AND WON/YEN REAL EXCHAGE RATES

We examine the purchasing power parity (PPP) hypothesis in won/dollar and won/yen real exchange rates using a non-linear framework. Many empirical studies based on the linear framework have failed to find clear supporting evidence for the validity of PPP hypothesis. We test the PPP hypothesis using a two-stage procedure suggested by Engle and Granger (1987), and show that it fails to reject non-cointegration. Evaluating the linear model against the nonlinear STAR model, we find that linearity is clearly rejected, but ESTAR process is accepted. Moreover, the parameter estimates of the ESTAR model establish a certain pattern of random walk behavior for small deviations and of fast adjustment for large deviations, thus providing strong evidence for mean-reverting behavior in real won/dollar and won/yen exchange rates.Purchasing Power Parity, Non-linear Adjustment Process, ESTAR Model

Wonderland Won (1978)

Playwright: N/A Director: Bob Jenkins Academic Year: 1977-1978https://scholarworks.sjsu.edu/productions_1970s/1113/thumbnail.jp

I Won\u27t Turn Off the T.V.

Poetry, First Plac

The Pythagorean Won-Loss Formula and Hockey: A Statistical Justification for Using the Classic Baseball Formula as an Evaluative Tool in Hockey

Originally devised for baseball, the Pythagorean Won-Loss formula estimates the percentage of games a team should have won at a particular point in a season. For decades, this formula had no mathematical justification. In 2006, Steven Miller provided a statistical derivation by making some heuristic assumptions about the distributions of runs scored and allowed by baseball teams. We make a similar set of assumptions about hockey teams and show that the formula is just as applicable to hockey as it is to baseball. We hope that this work spurs research in the use of the Pythagorean Won-Loss formula as an evaluative tool for sports outside baseball.Comment: 21 pages, 4 figures; Forthcoming in The Hockey Research Journal: A Publication of the Society for International Hockey Research, 2012/1

Phillip DeVito Honors and Awards: Wine Spectator 1989

The Wine Spectator Grand Award was presented in 1989 to Phillip DeVito and the Salishan Lodge in Gleneden Beach, Oregon. The Grand Award is the highest award given by the magazine and is for one of the greatest wine lists in the world. DeVito was the maître d’hôtel and cellar master for the fine dining and wine program at Salishan for 22 years and won this award every year from 1983-1994. As of 2014, these are the only Grand Awards ever won by any person or entity in Oregon

Phillip DeVito Honors and Awards: Wine Spectator 1991

The Wine Spectator Grand Award was presented in 1991 to Phillip DeVito and the Salishan Lodge in Gleneden Beach, Oregon. The Grand Award is the highest award given by the magazine and is for one of the greatest wine lists in the world. DeVito was the maître d’hôtel and cellar master for the fine dining and wine program at Salishan for 22 years and won this award every year from 1983-1994. As of 2014, these are the only Grand Awards ever won by any person or entity in Oregon

Ellie Karle Won First Prize in Poster Competition

Much research has focused on the variables associated with student academic outcomes indicated by class grades. This study explored the influence of student goal orientation on academic achievement based on a trichotomous model: mastery goals (motivated by a desire to master a task or subject), performance-approach goals (motivated by a desire to perform well compared to others), and performance-avoidant goals (motivated by a fear of failure). As the literature demonstrates, a myriad of personal factors may influence the connection between goal orientation and academic achievement—variables such as intrinsic motivation, commitment to goals, perceived competence, and affect. The hypothesis of this study was that the construct of self-efficacy, which encompasses several of these variables, moderates the relationship between goal orientation and academic achievement. Based on the results of the study, implications were discussed regarding the importance of parent and teacher involvement in promoting student self-efficacy and appropriate assignment related goal getting, particularly during high school for those planning to attend college

World Champ\u27s Analysis

Nigel Richards of New Zealand won the 9th World Scrabble Championship in Mumbai, India, becoming the ninth different World Champion since the event began in 1991. The fact that no-one has won twice seems to suggest an element of chance is involved. As Nigel modestly put it when interviewed in Mumbai, \u27This is a game independent of other games. You win some, you lose some - it depends on the luck of the draw.\u2