Notes cours Biostat L2 M Bailly-Bechet Université Claude Bernard Lyon 1 – France Table des mati`eres 1 Variables aléatoires et lois de probabilité
1 Présentation du cours de biostatistiques et bioinformatique 2 Variables aléatoires et lois de probabilité 3 Statistiques descriptives, estimation et
La biostatistique, qui est aussi connue sous le nom biométrie, est l'application des statistiques en biologie ; sachant que, la statistique est la science dont
Notes de cours Biostatistiques – MIV (L3) Tests paramétriques M Bailly-Bechet Université Claude Bernard Lyon 1 – France 1 Variable et test du ?2
Notes de cours Biostatistiques – MIV (L3) Introduction `a l'analyse de puissance M Bailly-Bechet – d'apr`es le cours de S Champely
La biostatistique c'est la statistique appliquée à la biologie Exemple 1 Étude descriptive des poids des étudiants inscrits en première année de biologie à l
Ce polycopié est une synthèse des notes de cours des enseignants des UE de biostatistiques de M1 (masters Biologie-Santé, BEE, BIP) et M2 (optométrie,
Chaque BIOSTAT® A pour fermentation microbienne est équipé d'un refroidisseur à circulation qui évacue efficacement la chaleur de la culture Pour fonctionner,
Définition et but des biostatistiques La biostatistique est un champ scientifique constitué par l'application de la science statistique à la biologie
Notes cours Biostat L2 M Bailly- ternet, bouquins biostatistiques `a la BU, TDs ) Le principal cas année, TDs et bouquins de biostats `a la BU 4 Test du χ2
Notes de cours Biostatistiques – MIV (L3) Tests paramétriques M Bailly-Bechet Université Claude Bernard Lyon 1 – France 1 Variable et test du χ2
LSVS – Semestre 5 – Biostatistiques - 2 commune et exclusive qui permet de les distinguer sans ambigüité Quelle est la population statistique? Il faut
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Ʀƌǒƭ ƭźƒƦƌĻ ĻƭƷ ƷƚǒƆƚǒƩƭ ƌĻ Ʀƌǒƭ ĭƌğźƩ͵
tƩĻƓƚƓƭ ƌĻǣĻƒƦƌĻ ķĻ ƌğ ĭƚƒƦğƩğźƭƚƓ ĻƓƷƩĻ ƌğ ƷğźƌƌĻ ķĻƭ ŅźƌƌĻƭ ĬƌƚƓķĻƭ ĻƷ ƩƚǒƭƭĻƭ ķĻ ƓƚƷƩĻ ğƒƦŷź͵ [ğ ƷğźƌƌĻ ĻƭƷ źĭź
ǒƓĻ ǝğƩźğĬƌĻ ƨǒğƓƷźƷğƷźǝĻ ĭƚƓƷźƓǒĻͲ źƓķǒźƭğƓƷ ǒƓĻ ƭĽƩźĻ ķĻ ķƚƓƓĽĻƭ ƨǒĻ ƌƚƓ ķĻǝƩğ ƩĻƦƩĽƭĻƓƷĻƩ͵ [Ļ ĭŷƚźǣ ķĻ ƌğ
ƒĽƷŷƚķĻ ķĻ ƩĻƦƩĽƭĻƓƷğƷźƚƓ ƭĻ ŅğźƷ ƭĻƌƚƓ ƌĻ ƷǤƦĻ ķĻ ƭĽƩźĻ ƭƷğƷźƭƷźƨǒĻ ΛƭźƒƦƌĻ ƚǒ ķƚǒĬƌĻΜͲ ĻƷ ƌĻ ƷǤƦĻ ķĻ ǝğƩźğĬƌĻ
ΛƨǒğƌźƷğƷźǝĻͲ ƨǒğƓƷźƷğƷźǝĻ ķźƭĭƩļƷĻ ƚǒ ĭƚƓƷźƓǒĻΜ͵
ƩĻƦƩĽƭĻƓƷğƷźƚƓƭ Ġ ǒƷźƌźƭĻƩ ƭƚƓƷ źƓĭźķĻƒƒĻƓƷ ʹ
• ...Ɠ ƷğĬƌĻğǒͲ ƦƚǒƩ ƌĻƭ ķźƭƷƩźĬǒƷźƚƓƭ ķĻ ŅƩĽƨǒĻƓĭĻƭͲ
• ...ƓĻ ŅźŭǒƩĻͲ ķźŅŅĽƩĻƓƷĻ ĻƓ ŅƚƓĭƷźƚƓ ķǒ ƷǤƦĻ ķĻ ǝğƩźğĬƌĻ ʹ
o vǒğƌźƷğƷźǝĻ ƚǒ ķźƭĭƩļƷĻ ʹ ▪ 5źğŭƩğƒƒĻ ĻƓ ĬĢƷƚƓƭ ▪ /ğƒĻƒĬĻƩƷ o vǒğƓƷźƷğƷźǝĻ ĭƚƓƷźƓǒĻ ʹ ▪ tƚƌǤŭƚƓĻ ķĻ ŅƩĽƨǒĻƓĭĻƭ ▪ IźƭƷƚŭƩğƒƒĻ ▪ /ƚǒƩĬĻ ķĻ ŅƩĽƨǒĻƓĭĻƭ/ŷğƨǒĻ ĭğƷĽŭƚƩźĻ ķƚĬƭĻƩǝğƷźƚƓƭ ŅƚƩƒĻ ǒƓĻ
ĭƌğƭƭĻ͵ hƓ ķĽƓƚƒĬƩĻ ƌĻƭ ĽƌĽƒĻƓƷƭ ķĻ
ĭŷğĭǒƓĻ ķĻƓƷƩĻ ĻƌƌĻƭ͵ tƩĻƓƚƓƭ ƌĻǣĻƒƦƌĻ ķĻ
ƷğĬƌĻğǒ ķĻ ķźƭƷƩźĬǒƷźƚƓ ķĻ ŅƩĽƨǒĻƓĭĻƭ ķĻ
ƦƚƦǒƌğƷźƚƓƭ ķĻ ƭƚǒƩźƭ ĻƓ ŅƚƓĭƷźƚƓ ķĻ ƌĻǒƩ
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ķĻƭ ĭƌğƭƭĻƭ ĻƓ ŅƚƓĭƷźƚƓ ķĻ ǝğƌĻǒƩƭ ŅźǣĻƭ ķǒƓĻ ǝğƩźğĬƌĻ ķźƭĭƩļƷĻ ƚǒ ƭĻƒź ƨǒğƓƷźƷğƷźǝĻ ΛĻǣĻƒƦƌĻ ʹ ĢŭĻўЊͲ ЋͲ Ќ
ğƓƭͶΜͲ ķǒƓĻ ķźǝźƭźƚƓ źƒƦƚƭĽĻ ƦğƩ ƌğ ƷŷĽƚƩźĻ ΛĻǣĻƒƦƌĻ ʹ ƆǒǝĽƓźƌĻƭͲ ğķǒƌƷĻƭͲ ĻƷĭ͵ͶΜͲ ƚǒ ķǒƷźƌźƭĻƩ ķĻƭ ƩļŭƌĻƭ
ƒğƷŷĽƒğƷźƨǒĻƭ ƦĻƩƒĻƷƷğƓƷ ƌğ ƦƩƚķǒĭƷźƚƓ ķǒƓ ƓƚƒĬƩĻ ğķĽƨǒğƷ ķĻ ĭƌğƭƭĻƭ͵ tğƩƒź ĻƌƌĻƭ ʹ
• wļŭƌĻ ķĻ {ƷǒƩŭĻ ʹ ݧݨݦݛݫݞ ݝݞ ݜݥݚݬݬݞݬ ൩ 1 ൢ 3,322.logݧቘቘ
• wļŭƌĻ ķĻ ǒƌĻ ʹ ݧݨݦݛݫݞ ݝݞ ݜݥݚݬݬݞݬ ൩ 2,5.√ݧ
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• [ğ ĬƚƩƓĻ źƓŅĽƩźĻǒƩĻ ķǒƓĻ ĭƌğƭƭĻ ĻƭƷ ƌğ Ʀƌǒƭ ƦĻƷźƷĻ ǝğƌĻǒƩ ğķƒźƭĻ ķğƓƭ ƌğ ĭƌğƭƭĻ
• [ğ ĬƚƩƓĻ ƭǒƦĽƩźĻǒƩĻ ķǒƓĻ ĭƌğƭƭĻ ĻƭƷ ğǒ ĭƚƓƷƩğźƩĻ ƌğ Ʀƌǒƭ ŭƩğƓķĻ ǝğƌĻǒƩ ğķƒźƭĻ ķğƓƭ ƌğ ĭƌğƭƭĻ
• [źƓƷĻƩǝğƌƌĻ ķĻ ĭƌğƭƭĻ ƭĻ ĭğƌĭǒƌĻ ğƦƦƩƚǣźƒğƷźǝĻƒĻƓƷ ğǝĻĭ ƌğ ŅƚƩƒǒƌĻ ƭǒźǝğƓƷĻ ʹ
ఆ௱௵అం ௱ఈଡ଼ఆ௱௵అం ௹
௲ం௵ ௴௵ ௳௱ఃః௵ః• [źƓķźĭĻ ķĻ ĭƌğƭƭĻ ĭƚƩƩĻƭƦƚƓķ Ġ ƌğ ǝğƌĻǒƩ ĭĻƓƷƩğƌĻ ķĻ ƌğ ĭƌğƭƭĻ͵
Lƌ ŅğǒƷ ŅğźƩĻ ĻƓ ƭƚƩƷĻ ķĻ ŅğźƩĻ ĭƚſƓĭźķĻƩ ƌĻƭ ĬƚƩƓĻƭ ĻƷ ƌĻƭ źƓķźĭĻƭ ķĻ ĭƌğƭƭĻ ğǝĻĭ ķĻƭ ƓƚƒĬƩĻƭ ĭƚƒƦƚƩƷğƓƷ ƦĻǒ ķĻ
ķĽĭźƒğƌĻƭͲ ĻƷ ķĽƌźƒźƷĻƩ ķĻƭ ĭƌğƭƭĻƭ ķĽŭğƌĻ ĽƷĻƓķǒĻ ƓĻ ƭĻ ĭŷĻǝğǒĭŷğƓƷ Ʀğƭ͵
tƩĻƓƚƓƭ ƌğ ƌƚƓŭǒĻǒƩ ƷƚƷğƌĻ ķǒ ĭƩĢƓĻ ΛƒƒΜ ƦƚǒƩ ǒƓ ƭƚǒƭΏ
ĽĭŷğƓƷźƌƌƚƓ ķĻ ЏЉ ƭƚǒƩźƭ ƭǤƌǝĻƭƷƩĻƭ ğķǒƌƷĻƭ ΛLͲ LL ĻƷ LLLΜͲ
ƷźƩĽ ķǒƓ ĽĭŷğƓƷźƌƌƚƓ ķĻ ЊЋЋ ƭƚǒƩźƭ ķĻ [ğƓķƩǤ ΛЋЉЉЉΜ͵
[ĻŅŅĻĭƷźŅ ķĻ ƌĽĭŷğƓƷźƌƌƚƓ ĻƭƷ ķĻ ƓўЏЉ͵
• /ƚƒĬźĻƓ ķĻ ĭƌğƭƭĻƭ ͪ {ĻƌƚƓ ƌĻƭ ƩļŭƌĻƭ ķĻ
{ƷǒƩŭĻ ĻƷ ǒƌĻͲ Ɠƚǒƭ ķĻǝƩƚƓƭ ķƚƓĭ ķĽŅźƓźƩ А
• vǒĻƌƌĻ ƭĻƩğ ƌĽƷĻƓķǒĻ ķĻƭ ĭƌğƭƭĻƭ ͪ [ĽƷĻƓķǒĻ
ķĻ ǝğƩźğƷźƚƓ ķĻ ƌğ ǝğƩźğĬƌĻ ĻƭƷ ķĻ ЉͲЎƒƒ͵
• .ƚƩƓĻƭͲ źƓƷĻƩǝğƌƌĻƭ ĻƷ źƓķźĭĻ ķĻƭ ĭƌğƭƭĻƭ ͪ !ƷƷĻƓƷźƚƓͲ Ɠƚǒƭ ǝƚǒƌƚƓƭ ķĻƭ ǝğƌĻǒƩƭ ƭźƒƦƌĻƭ ğǝĻĭ ƷƩļƭ ƦĻǒ
ķĻ ķĽĭźƒğƌĻƭ ͧ [ğ ǝğƌĻǒƩ ƒźƓźƒǒƒ ķĻƭ ķƚƓƓĽĻƭ ĻƭƷ ķĻ ЋЋͲЋБ͵ bƚǒƭ ğǝƚƓƭ А ĭƌğƭƭĻƭ ķĻ ЉͲЎƒƒ ĭŷğĭǒƓĻ͵
...ƓĻ ƭĽƩźĻ ƭźƒƦƌĻ ķƚƓƓĻƩğźƷ ƌĻƭ źƓķźĭĻƭ ķĻ ĭƌğƭƭĻ ƭǒźǝğƓƷƭ ʹ ЋЋͲЎͲ ЋЌͲЉͲ ЋЌͲЎͲ ЋЍͲЉͲ ЋЍͲЎͲ ЋЎͲЉͲ ЋЎͲЎ͵
[Ļƭ ĬƚƩƓĻƭ źƓŅĽƩźĻǒƩĻ ĻƷ ƭǒƦĽƩźĻǒƩĻ ķĻ ƌğ ƦƩĻƒźļƩĻ ĭƌğƭƭĻ ƭƚƓƷ ЋЋͲЋЎ ĻƷ ЋЋͲАЎͲ ĻƷ ĭĻƌƌĻƭ ķĻ ƌğ ķĻƩƓźļƩĻ
ĭƌğƭƭĻ ЋЎͲЋЎ ĻƷ ЋЎͲАЎ͵ bƚƭ ĭƌğƭƭĻƭ źƓĭƌǒĻƓƷ ķƚƓĭ ƌĻƓƭĻƒĬƌĻ ķĻƭ ЏЉ ķƚƓƓĽĻƭͲ ĭĻ ƨǒź ĻƭƷ ƓĽĭĻƭƭğźƩĻ͵
!ƷƷĻƓƷźƚƓͲ ƌĻƭ ĭƌğƭƭĻƭ ƓĻ ƭĻ ĭŷĻǝğǒĭŷĻƓƷ ƆğƒğźƭͲ ƌğ ĬƚƩƓĻ ƭǒƦĽƩźĻǒƩĻ ĻƭƷ ŭĽƓĽƩğƌĻƒĻƓƷ ĻǣĭƌǒĻ ķĻ
ƌźƓƷĻƩǝğƌƌĻ ķĻ ĭƌğƭƭĻ͵[Ļƭ ķźŅŅĽƩĻƓƷĻƭ ŅƩĽƨǒĻƓĭĻƭ ʹ
• CƩĽƨǒĻƓĭĻ ğĬƭƚƌǒĻͲ ƓƚƷĽĻ Ņ• CƩĽƨǒĻƓĭĻ ƩĻƌğƷźǝĻͲ ƓƚƷĽĻ Ņ
ƩĻƌͲ ĽŭğƌĻ Ġ ŅΉƓ • tƚǒƩĭĻƓƷğŭĻͲ ƓƚƷĽ іͲ ЊЉЉ͵Ņ• CƩĽƨǒĻƓĭĻ ĭǒƒǒƌĽĻ ķǒƓĻ ĭƌğƭƭĻͲ ƓƚƷĽĻ Ņ
ĭǒƒͲ ĭƚƩƩĻƭƦƚƓķ ğǒ ĭǒƒǒƌ ƭƷĻƦΏĬǤΏƭƷĻƦ ķĻƭ ŅƩĽƨǒĻƓĭĻƭ
ğĬƭƚƌǒĻƭͲ ƌğ ķĻƩƓźļƩĻ ŅƩĽƨǒĻƓĭĻ ĭǒƒǒƌĽĻ ĽƷğƓƷ ĽŭğƌĻ Ġ Ɠ
• CƩĽƨǒĻƓĭĻ ƩĻƌğƷźǝĻ ĭǒƒǒƌĽĻͲ ƓƚƷĽĻ Ņ
ƩĻƌ͵ĭǒƒĽŭğƌĻ Ġ ŅĭǒƒΉƓ • tƚǒƩĭĻƓƷğŭĻ ĭǒƒǒƌĽͲ ƓƚƷĽ і ĭǒƒͲ Ľŭğƌ Ġ ЊЉЉ͵ŅĭǒƒΉƓ[{{ Α {ĻƒĻƭƷƩĻ Ў Α .źƚƭƷğƷźƭƷźƨǒĻƭ Ώ Ў
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ƌƚƩƭƨǒĻ ƌƚƓ ĭƚƓƭźķļƩĻ ǒƓ ĽĭŷğƓƷźƌƌƚƓͲ ĻƷ μݱƌƚƩƭƨǒĻ ƌƚƓ ĭƚƓƭźķļƩĻ ǒƓĻ ƦƚƦǒƌğƷźƚƓ͵ hƓ ƌƚĬƷźĻƓƷ ƦğƩ ƌğ ŅƚƩƒǒƌĻ
Ͳ ĭƚƓƭźƭƷĻ ĻƓ ƌğ ǝğƌĻǒƩ ķĻ ƌğ ǝğƩźğĬƌĻ ƨǒź ƭĻ ƷƩƚǒǝĻ ğǒ ĭĻƓƷƩĻ ķĻ ƌğ ƭĽƩźĻ ƭƷğƷźƭƷźƨǒĻͲ ĭƌğƭƭĽĻ
ĻƓ ƚƩķƩĻ ĭƩƚźƭƭğƓƷ͵ 9ƌƌĻ ƭĽƦğƩĻ ƌğ ƭĽƩźĻ ĻƓ ķĻǒǣ ŭƩƚǒƦĻƭ ķĽŭğƌĻ źƒƦƚƩƷğƓĭĻ͵ {źƌ Ǥ ğ ǒƓ ƓƚƒĬƩĻ źƒƦğźƩ
ķƚĬƭĻƩǝğƷźƚƓƭͲ ݞ ĻƭƷ ǒƓĻ ƚĬƭĻƩǝğƷźƚƓ ķĻ ƌğ ƭĽƩźĻ͵ {źƓƚƓͲ ƌğ ƒĽķźğƓĻ ĻƭƷ ƭźƷǒĽĻ ĻƓƷƩĻ ƌĻƭ ķĻǒǣ ƚĬƭĻƩǝğƷźƚƓƭ
ĭĻƓƷƩğƌĻƭ ķĻ ƌğ ƭĽƩźĻ͵ tğƩ ĭƚƓǝĻƓƷźƚƓͲ ƚƓ ǒƷźƌźƭĻ ƌğ ƒƚǤĻƓƓĻ ķĻ ĭĻƭ ķĻǒǣ ǝğƌĻǒƩƭ͵
[Ļ ƒƚķĻͲ ƓƚƷĽ ݨͲ ĻƭƷ ƌźƓķźĭĻ ķĻ ƌğ ĭƌğƭƭĻ ĭƚƒƦƚƩƷğƓƷ ƌĻ
Ʀƌǒƭ ķĻ ǝğƌĻǒƩƭ͵ 5ğƓƭ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ĭƚƓƷźƓǒĻͲ ĭĻƭƷ ƌğ
΅ ĬƚƭƭĻ Ά ķĻ ƌğ ķźƭƷƩźĬǒƷźƚƓ͵ Lƌ ƦĻǒƷ Ǥ ğǝƚźƩ ƦƌǒƭźĻǒƩƭ
ƒƚķĻƭ ķğƓƭ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓͲ ƨǒźͲ ķğƓƭ ƌĻ ĭğƭ ķǒƓĻ
ķǤƓğƒźƨǒĻ ķĻ ƦƚƦǒƌğƷźƚƓͲ ĭƚƩƩĻƭƦƚƓķĻƓƷ Ġ ƦƌǒƭźĻǒƩƭ
ĭƚŷƚƩƷĻƭ ΛźƓķźǝźķǒƭ ƓĽƭ ķǒƓĻ ƒľƒĻ ğƓƓĽĻΜ͵ [Ļ ƒƚķĻ
ƦƚƭźƷźƚƓƓĻ ƌğ ķźƭƷƩźĬǒƷźƚƓ͵ Lƌ ĻƭƷ ƦƚƭƭźĬƌĻ ķľƷƩĻ Ʀƌǒƭ ƦƩĽĭźƭ
ķğƓƭ ƌğ ķĽŅźƓźƷźƚƓ ķĻ ĭĻƌǒźΏĭź ĻƓ ǒƷźƌźƭğƓƷ ƌĻ ĭğƌĭǒƌ ķĻ ƒƚķĻ
ĭƚƩƩźŭĽ ƦƩĽƭĻƓƷĽ ĭźΏķĻƭƭƚǒƭ͵
hĬƭĻƩǝğƓƷ ƌğ ķźƭƷƩźĬǒƷźƚƓ ķǒƓ ƓƚƒĬƩĻ ķĻ ƌğƩǝĻƭ ķǒƓ źƓƭĻĭƷĻ ƌğƒĬķğ ĻƓ ŅƚƓĭƷźƚƓ ķĻ ƌğ ƌğƩŭĻǒƩ ķĻ ƌĻǒƩ ĭğƦƭǒƌĻ
ĭĽƦŷğƌźƨǒĻͲ Ɠƚǒƭ ķźŅŅĽƩĻƓĭźƚƓƭ ƨǒğƷƩĻ ĭƚŷƚƩƷĻƭ ƩĻƦƩĽƭĻƓƷĽĻƭ ƦğƩ ķĻƭ ƒƚķĻƭ ƒǒƌƷźƦƌĻƭ͵
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/ŷğƨǒĻ ƦğƩğƒļƷƩĻ ķĻ ƦƚƭźƷźƚƓ ƦƩĽƭĻƓƷĻ ǒƓ ƚǒ ƦƌǒƭźĻǒƩƭ źƓƷĽƩľƷƭ ƨǒĻ Ɠƚǒƭ ƩĽƭǒƒĻƩƚƓƭ ķğƓƭ ƌĻ ƷğĬƌĻğǒ ĭźΏĭƚƓƷƩĻ͵ [ğ ƦƌǒƦğƩƷ ķǒ ƷĻƒƦƭͲ Ɠƚǒƭ ǒƷźƌźƭĻƩƚƓƭ ƌĻ ĭğƌĭǒƌ ķĻ ƒƚǤĻƓƓĻ͵ /ĻƦĻƓķğƓƷͲ ķĻƭ ǝğƌĻǒƩƭ ĻǣĭĻƦƷźƚƓƓĻƌƌĻƭ ğŅŅĻĭƷĻƓƷ ĬĻğǒĭƚǒƦ ƌğ ǝğƌĻǒƩ͵ [ğ ķĽŅźƓźƷźƚƓ ķĻƭ ƦğƩğƒļƷƩĻƭ ķĻ ƦƚƭźƷźƚƓ Ɠƚǒƭ ƦĻƩƒĻƷƷƩğ ƓƚƓ ƭĻǒƌĻƒĻƓƷ ķĻ ƩĻƦĽƩĻƩ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ źķĽğƌĻ ΛĻƓ ĭƌƚĭŷĻΜͲ ƒğźƭ ğǒƭƭź ķźķĻƓƷźŅźĻƩ ƌĻƭ ğǒƷƩĻƭ ƷǤƦĻƭ ķĻ
ķźƭƷƩźĬǒƷźƚƓ͵ t!w!a9w9{ 59 5L{t9w{Lhb[Ļƭ ƦğƩğƒļƷƩĻƭ ķĻ ķźƭƦĻƩƭźƚƓ ƩĻƓƭĻźŭƓĻƓƷ ƭǒƩ
ƌĽƷğƌĻƒĻƓƷ ķĻƭ ǝğƌĻǒƩƭ ƚĬƭĻƩǝĽƭͲ ĻƷ ĭƚƩƩĻƭƦƚƓķĻƓƷ
ķƚƓĭ Ġ ƌğ ǝğƩźğĬźƌźƷĽ ķĻ ƌğ ƭĽƩźĻ ĽƷǒķźĽĻ͵
[ĽƷĻƓķǒĻ ķĻ ǝğƩźğƷźƚƓͲ ƚǒ ƩğƓŭĻͲ ĻƭƷ Ľŭğƌ Ġ ƌğ
ķźŅŅĽƩĻƓĭĻ ĻƓƷƩĻ ƌğ ǝğƌĻǒƩ ƒğǣźƒǒƒ ĻƷ ƒźƓźƒǒƒ ķĻ
[ğ ǝğƩźğƓĭĻ ƦĻƩƒĻƷ ķĻƭƷźƒĻƩ ĭƚƓĭƩļƷĻƒĻƓƷ
ƌĽƷĻƓķǒĻ ķĻƭ ǝğƌĻǒƩƭ ƭĻ ƷƩƚǒǝğƓƷ ğǒƷƚǒƩ ķĻ ƌğ
ƒƚǤĻƓƓĻͲ ķƚƓĭ ƌğ ǝğƩźğĬźƌźƷĽ͵ /ĻƷƷĻ ķĻƩƓźļƩĻ ƦĻǒƷ
ğƌƚƩƭ ľƷƩĻ ķƚƩķƩĻ ĬźƚƌƚŭźƨǒĻͲ ƚǒ ƦĻǒƷ ľƷƩĻ ĭğǒƭĽĻ
ƦğƩ ƌğ ƒğǒǝğźƭĻ ƨǒğƌźƷĽ ƚǒ ƌĻ ŅğźĬƌĻ ƓƚƒĬƩĻ ķĻƭ
ƒĻƭǒƩĻƭ ĻǣƦĽƩźƒĻƓƷğƌĻƭ͵ [ğ ǝğƩźğƓĭĻ ķǒƓĻ
ƦƚƦǒƌğƷźƚƓ ƭĻƩğ ƓƚƷĽĻ ɭЕ ǣͲ ĻƷ ƌğ ǝğƩźğƓĭĻ ķǒƓ ĽĭŷğƓƷźƌƌƚƓ ƭЕǣ͵ [ğ ǝğƩźğƓĭĻ ĻƭƷ ĭğƌĭǒƌĽĻ ƦğƩ ƌğ
ŅƚƩƒǒƌĻ ƭǒźǝğƓƷĻ ʹ ݬ ఈ൩∑ݱ ௹ଢ଼ൣ∑ݱ ௹ଢ଼ቘ ݧ[ĽĭğƩƷΏƷǤƦĻͲ ƚǒ ƭƷğƓķğƩķ ķĻǝźğƷźƚƓͲ ƓƚƷĽ ɭ
ĭƚƩƩĻƭƦƚƓķ Ġ ƌğ ƩğĭźƓĻ ĭğƩƩĽĻ ķĻ ƌğ ǝğƩźğƓĭĻ ĻƷ ĻƭƷ
ķƚƓĭ ķƚƓƓĽ ƦğƩ ƌğ ŅƚƩƒǒƌĻ ʹ ݬఈ൩ෂݬఈ [Ļ ĭƚĻŅŅźĭźĻƓƷ ķĻ ǝğƩźğƷźƚƓͲ ƓƚƷĽ /͵͵Ͳ / ƚǒ Ͳ
ƦĻƩƒĻƷ ķĻ ĭƚƒƦğƩĻƩ ƌğ ǝğƩźğƷźƚƓ ķĻ ǝğƩźğĬƌĻƭ
ĻǣƦƩźƒĽĻƭ ƚƩźŭźƓĻƌƌĻƒĻƓƷ ķğƓƭ ķĻƭ ǒƓźƷĽƭ
ƦŷǤƭźƨǒĻƭ ķźŅŅĽƩĻƓƷĻƭ͵ Lƌ ĻƭƷ ķƚƓƓĽ ƦğƩ ʹ
[ƚƩƭƨǒĻ ƌĻƭ ĽĭŷğƓƷźƌƌƚƓƭ ƭƚƓƷ ķĻ ƦĻƷźƷĻ ƷğźƌƌĻ
ΛƓѡЋЉΜͲ ƚƓ ğƦƦƌźƨǒĻ ƌğ ĭƚƩƩĻĭƷźƚƓ ƭǒźǝğƓƷĻ ʹ
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ķǒƓ ĭƝƷĽ ƚǒ ķĻ ƌğǒƷƩĻ͵ /Ļ ĭƚĻŅŅźĭźĻƓƷ ĻƭƷ ƓƚƷĽ ɚ
Ќǣ ĻƭƷ ƌĻ ĭǒĬĻ ķĻ ƌĽĭğƩƷΏƷǤƦĻ ķĻ ƌğ ķźƭƷƩźĬǒƷźƚƓͲ
ƩĻƦƩĽƭĻƓƷğƷźƚƓƭ ĭźΏķĻƭƭƚǒƭ ʹ
[Ļ ĭƚĻŅŅźĭźĻƓƷ ķğƦƌğƷźƭƭĻƒĻƓƷͲ ğǒƭƭź ğƦƦĻƌĽ
ƉǒƩƷƚƭĻ ƚǒ ƉǒƩƷƚƭźƭͲ ĻƭƷ ƓƚƷĽ ɚ
Ѝ͵ Lƌ ĻƭƷ ķƚƓƓĽ ƦğƩ ƌğ ŅƚƩƒǒƌĻ ƭǒźǝğƓƷĻ ʹ ߶ ୕൩ݤ୕ǣ ĻƭƷ ƌğ ƨǒğƷƩźļƒĻ ƦǒźƭƭğƓĭĻ ķĻ ƌĽĭğƩƷΏƷǤƦĻ ķĻ
ƌğ ķźƭƷƩźĬǒƷźƚƓͲ ĻƷ ƚǓ ʹƩĻƦƩĽƭĻƓƷğƷźƚƓƭ ĭźΏķĻƭƭƚǒƭ ʹ
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hƓ ƷƩğķǒźƷ ƌğ ƨǒĻƭƷźƚƓ ĬźƚƌƚŭźƨǒĻ ĻƓ ŷǤƦƚƷŷļƭĻƭ ƭƷğƷźƭƷźƨǒĻƭ͵ tƚǒƩ ĭĻƌğͲ źƌ ĻƭƷ ƓĽĭĻƭƭğźƩĻ ķƚĬƭĻƩǝĻƩ ƌĻ ƦƩƚĬƌļƒĻ
ğǝĻĭ ǒƓĻ ğƦƦƩƚĭŷĻ ƭƷğƷźƭƷźƨǒĻ ĻƷ ķĻ ķĽĭźķĻƩ ķĻƭ ƦğƩğƒļƷƩĻƭ ķĻƭ ĽĭŷğƓƷźƌƌƚƓƭ Ġ ĭƚƒƦğƩĻƩ ΛƒƚǤĻƓƓĻͲ
ǝğƩźğƓĭĻͶΜ͵ hƓ ķĽŅźƓźƷ ķĻǒǣ ŷǤƦƚƷŷļƭĻƭ ʹ
Њ͵ ...ƓĻ ŷǤƦƚƷŷļƭĻ ƓǒƌƌĻ IЉͲ ƨǒź ĻƭƷ ƷƚǒƆƚǒƩƭ ǒƓĻ ŷǤƦƚƷŷļƭĻ ķĻ ƓƚƓΏĻŅŅĻƷ Λ΅ źƌ ƓǤ ğ Ʀğƭ ķĻ ķźŅŅĽƩĻƓĭĻ
ĻƓƷƩĻͶ ΆͲ ΅ źƌ ƓǤ ğ Ʀğƭ ķĻ ƩĻƌğƷźƚƓ ĻƓƷƩĻͶ ΆΜ
Ћ͵ ...ƓĻ ŷǤƦƚƷŷļƭĻ ğƌƷĻƩƓğƷźǝĻ IЊͲ ĽƷğĬƌźĻ ƭĻƌƚƓ Ɠƚƭ ĭƚƓƓğźƭƭğƓĭĻƭ ķǒ ķƚƒğźƓĻ ƭƚǒƭ ĽƷǒķĻ͵
ğ͵ {ź ƚƓ ƓĻ ĭƚƓƓğŽƷ ƩźĻƓͲ IЊ ĻƭƷ ĬźƌğƷĽƩğƌĻ ʹ ΅ źƌ Ǥ ğ ǒƓĻ ƩĻƌğƷźƚƓ ĻƓƷƩĻͶ Ά
Ĭ͵ {ź ƚƓ ğ ķĻƭ ĭƚƓƓğźƭƭğƓĭĻƭ Ʀƌǒƭ ķĽƷğźƌƌĽĻƭͲ ƚƓ ƦĻǒƷ ƦğƩŅƚźƭ ƌĻƭ ǒƷźƌźƭĻƩ ķğƓƭ ƌĻ ƷĻƭƷͲ IЊ ķĻǝźĻƓƷ
ǒƓźƌğƷĽƩğƌĻ ΅ źƌ Ǥ ğ ǒƓĻ ƩĻƌğƷźƚƓ ƦƚƭźƷźǝĻ ĻƓƷƩĻͶ Ά
[Ļ ƷĻƭƷ ƭƷğƷźƭƷźƨǒĻ ƓĻ ƷĻƭƷĻ ƨǒĻ IЉ ʹ ƚƓ ƩĻƆĻƷƷĻ ƚǒ ƓĻ ƩĻƆĻƷƷĻ Ʀğƭ ƌŷǤƦƚƷŷļƭĻ ƓǒƌƌĻ͵ tƩĻƓƚƓƭ ƌĻǣĻƒƦƌĻ ķĻ ƷĻƭƷƭ
ǒƓźƌğƷĽƩğǒǣ ĻƷ ĬźƌğƷĽƩğǒǣ͵ • ĻƭƷ ǒƓźƌğƷĽƩğƌ ʹo IЉ ʹ [Ļƭ ƌƚƓŭǒĻǒƩƭ ƒƚǤĻƓƓĻƭ ķĻƭ ĬƩƚĭŷĻƷƭ ķǒ ƌğĭ wğǤƒƚƓķ ĻƷ ķǒ ƌğĭ !ĬźƷźĬź ƓĻ ķźŅŅļƩĻƓƷ Ʀğƭ͵
ѯ wўѯ!͵o IЊ ʹ ƌğ ƌƚƓŭǒĻǒƩ ƒƚǤĻƓƓĻ ķĻƭ ĬƩƚĭŷĻƷƭ ķǒ ƌğĭ wğǤƒƚƓķ ĻƭƷ Ʀƌǒƭ ƦĻƷźƷĻ ƨǒĻ ĭĻƌƌĻ ķǒ ƌğĭ
!ĬźƷźĬź͵ ѯ wѡѯ!͵ • ĻƭƷ ĬźƌğƷĽƩğƌ ʹo IЉ ʹ ƌğ ǝźƷĻƭƭĻ ĭğƷğƌǤƷźƨǒĻ ƒƚǤĻƓƓĻ ķĻ ƌğ ŅǒƒğƩğƭĻ ĻƭƷ ƭźƒźƌğźƩĻ ķĻ ĭĻƌƌĻ ķĻ ƌğ ƷƩźƚƭĻ
ƦŷƚƭƦŷğƷĻ źƭƚƒĽƩğƭĻ͵ ѯo IЊ ʹ ƌğ ǝźƷĻƭƭĻ ĭğƷğƌǤƷźƨǒĻ ƒƚǤĻƓƓĻ ķĻ ƌğ ŅǒƒğƩğƭĻ ĻƭƷ ķźŅŅĽƩĻƓƷĻ ķĻ ĭĻƌƌĻ ķĻ ƌğ ƷƩźƚƭĻ
ƦŷƚƭƦŷğƷĻ źƭƚƒĽƩğƭĻ͵ ѯĽŭğƌĻƒĻƓƷ ƨǒĻ ƌƚƩƭ ķĻ ƌğ ķĽĭƌğƩğƷźƚƓ ķĻƭ ŷǤƦƚƷŷļƭĻƭͲ Ɠƚǒƭ ķĻǝƚƓƭ ƷƚǒƆƚǒƩƭ ǒƷźƌźƭĻƩ ƌĻƭ ƓƚƷğƷźƚƓƭ ŭƩĻĭƨǒĻƭ ķğƓƭ
ƌĻ ĭğķƩĻ ķĽƷǒķĻƭ ķĻ ƦƚƦǒƌğƷźƚƓƭ͵
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ƓƚƒĬƩĻ ķĽĭŷğƓƷźƌƌƚƓƭ͵ bƚǒƭ ĭŷƚźƭźƭƭƚƓƭ ĻƓƭǒźƷĻ ǒƓ ƷĻƭƷ ƭƷğƷźƭƷźƨǒĻ͵ bƚƷƚƓƭ ƨǒĻ ƦƚǒƩ ƷƩğźƷĻƩ ǒƓ ƦƩƚĬƌļƒĻ
źķĻƓƷźƨǒĻͲ Ɠƚǒƭ ƦƚǒǝƚƓƭ ğǝƚźƩ ƌĻ ĭŷƚźǣ ĻƓƷƩĻ ķźŅŅĽƩĻƓƷƭ ƷĻƭƷƭͲ ĭŷğĭǒƓ ķĻƓƷƩĻ Ļǒǣ ƦƚƭƭĽķğƓƷ ķĻƭ ĭƚƓķźƷźƚƓƭ
ķğƦƦƌźĭğƷźƚƓ ƷƩļƭ ƭƷƩźĭƷĻƭ͵
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ƚƓ ƦƩƚĭļķĻ ğǒ ĭğƌĭǒƌ ķĻ ĭĻƌǒźΏĭź͵ /Ļ ƭĻǒźƌͲ ƓƚƒƒĽ ɚͲ
ĭƚƓƭźƭƷĻ ĻƓ ƌğ ƦƩƚĬğĬźƌźƷĽ ķĻƩƩĻǒƩ źƓŷĽƩĻƓƷĻ ğǒ ƷĻƭƷ͵
bƚǒƭ źƓƷƩƚķǒźƭƚƓƭ ĽŭğƌĻƒĻƓƷ ƌğ ƓƚƷźƚƓ ķĻƩƩĻǒƩ ɛ͵
БΏВ ʹ 59/L{Lhb {!L{Lv...9Ͳ w9{...[! 9 /hb/[...{Lhb .Lh[hDLv...9
...ƓĻ Ņƚźƭ ƨǒĻ ƌƚƓ ğ ƩĽƦƚƓķǒ Ġ ƌŷǤƦƚƷŷļƭĻ IЉͲ ƚƓ ĭƚƓĭƌǒƷ ĬźƚƌƚŭźƨǒĻƒĻƓƷ͵
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[hL{ 59 5L{wL....Lhb [hL bhwa![9...ƓĻ Ņƚźƭ Ɠƚƭ ķźƭƷƩźĬǒƷźƚƓƭ ķĽŅźƓźĻƭ ĻƷ ƩĻƦƩĽƭĻƓƷĽĻƭ ĭƚƩƩĻĭƷĻƒĻƓƷͲ Ɠƚǒƭ ƷĻƓƷĻƩƚƓƭ ķĻ ķĽŅźƓźƩ ƭź ĭĻƌƌĻƭΏĭź ƭƚƓƷ
ĭƚƒƦğƩğĬƌĻƭ Ġ ķĻƭ ƌƚźƭ ķĻ ķźƭƷƩźĬǒƷźƚƓ ĭƚƓƓǒĻƭ͵ 5ğƓƭ ĭĻƷƷĻ ƚƦƷźƨǒĻͲ Ɠƚǒƭ ƦƩğƷźƨǒĻƩƚƓƭ ƭǤƭƷĽƒğƷźƨǒĻƒĻƓƷ ǒƓĻ
ĭƚƒƦğƩğźƭƚƓ ķĻ ƓƚƷƩĻ ķźƭƷƩźĬǒƷźƚƓ ğǝĻĭ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ƭǒźǝğƓƷ ǒƓĻ ƌƚź ƓƚƩƒğƌĻ͵
[ğ ƌƚź ƓƚƩƒğƌĻͲ ķƚƓƷ ƌğ ƩĻƦƩĽƭĻƓƷğƷźƚƓ ğĬƚƩķĻ ǒƓĻ ĭƚǒƩĬĻ ĻƓ ĭƌƚĭŷĻͲ ƩĻƦƚƭĻ ƭǒƩ ƌĻƭƷźƒğƷźƚƓ ķĻ ķĻǒǣ
ƦğƩğƒļƷƩĻƭ ķĻ ƌğ ƦƚƦǒƌğƷźƚƓ ƭƷğƷźƭƷźƨǒĻ ʹ
• ƌğ ƒƚǤĻƓƓĻͲ ƓƚƷĽĻ ѯ ķğƓƭ ƌĻ ĭğƭ ķǒƓĻ ƦƚƦǒƌğƷźƚƓ ĻƷ ݱӄ ƦƚǒƩ ƌğ ƒƚǤĻƓƓĻ ķǒƓ ĽĭŷğƓƷźƌƌƚƓ
• ƌĽĭğƩƷΏƷǤƦĻ ɭ ƩĻƌğƷźŅ Ġ ƌğ ƦƚƦǒƌğƷźƚƓ
{ğ ŅƚƩƒǒƌĻͲ ƌğ ΅ ŅƚƓĭƷźƚƓ ķĻ ķĻƓƭźƷĽ ķĻ ƦƩƚĬğĬźƌźƷĽ ΆͲ ĻƭƷ ƌğ ƭǒźǝğƓƷĻ ʹ
[ğ ƦƩƚĬğĬźƌźƷĽ ƨǒǒƓĻ ǝğƩźğĬƌĻ ǣ ƦƩĻƓƓĻ ǒƓĻ ǝğƌĻǒƩ
Ʀƌǒƭ ƦĻƷźƷĻ ƚǒ Ʀƌǒƭ ŭƩğƓķĻ ƨǒǒƓĻ ǝğƌĻǒƩ ǣ
ƩĻƭƦĻĭƷźǝĻƒĻƓƷͲ Ġ ƌğźƩĻ ķĻ ƌğ ƭǒƩŅğĭĻ ƦƩĽƭĻƓƷĻ ƭƚǒƭ ƌğ
ĭƚǒƩĬĻ ğǝğƓƷ ĻƷ ğƦƩļƭ ƌğ ǝğƌĻǒƩ ǣ
!ŅźƓ ķĻ ƓĻ Ʀğƭ ƷƩğǝğźƌƌĻƩ ķźƩĻĭƷĻƒĻƓƷ ğǝĻĭ ĭĻƷƷĻ
ŅƚƩƒǒƌĻ ĬƩǒƷĻ ĻƷ ğźƓƭź ƭźƒƦƌźŅźĻƩ ƌĻƭ ĭğƌĭǒƌƭ ķĻ
ƦƩƚĬğĬźƌźƷĽƭͲ Ɠƚǒƭ ƦƚǒǝƚƓƭ ƦğƭƭĻƩ ƦğƩ ǒƓĻ ΅ ƌƚź
ƓƚƩƒğƌĻ ĭĻƓƷƩĽĻΏƩĽķǒźƷĻ ΆͲ ƓƚƷĽĻ bΛЉͲЊΜͲ ĭƚƩƩĻƭƦƚƓķğƓƷ Ġ ǒƓĻ ƌƚź ƓƚƩƒğƌĻ ƦƚǒƩ ƌğƨǒĻƌƌĻ ƷƚǒƷĻƭ ƌĻƭ ǝğƌĻǒƩƭ ǣ
źƭƚƓƷ ƷƩğƓƭŅƚƩƒĽĻƭ ĻƓ ǝǒĻ ķƚĬƷĻƓźƩ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ķĻ ƒƚǤĻƓƓĻ ƓǒƌƌĻ ĻƷ ķĽĭğƩƷΏƷǤƦĻ Ľŭğƌ Ġ Њ͵ [ğ
ƷƩğƓƭŅƚƩƒğƷźƚƓ ķĻƭ ǝğƌĻǒƩƭ ǣ
ź ĻƓ ǝğƌĻǒƩƭ ĭĻƓƷƩĽĻƭΏƩĽķǒźƷĻƭ ǩź ĻƭƷ ĻŅŅĻĭƷǒĽĻ ǝźğ ƌğ ŅƚƩƒǒƌĻ ƭǒźǝğƓƷĻ ʹ
...ƓĻ ƷĻƌƌĻ ķźƭƷƩźĬǒƷźƚƓ ƦƚƭƭļķĻ ǒƓĻ ğźƩĻ ƷƚƷğƌĻ ĽŭğƌĻ Ġ Њ ʹ ƦƚǒƩ ǩ ǝğƩźğƓƷ ķĻ ΏϘ Ġ ЉͲ ƌğźƩĻ ĽŭğƌĻ ЉͲЎ͵ [ğ ĭƚǒƩĬĻ ĻƭƷ
ƦğƩŅğźƷĻƒĻƓƷ ƭǤƒĽƷƩźƨǒĻ ΛŅΛǩΜўŅΛΏǩΜΜ ʹ ƌğźƩĻ ƦƚǒƩ ǩ ğƌƌğƓƷ ķĻ ΏϘ Ġ Љ ĻƭƷ ĽŭğƌĻ Ġ ƌğźƩĻ ƦƚǒƩ ǩ ğƌƌğƓƷ ķĻ Љ Ġ њϘ͵ [ğ
ĭƚǒƩĬĻ ĻƭƷ ĭƚƓƷźƓǒĻ͵ Lƌ ĻǣźƭƷĻ ķźŅŅĽƩĻƓƷĻƭ ğƭƷǒĭĻƭ ķĻ ĭğƌĭǒƌ ƌźĽĻƭ ğǒǣ ƦƩƚƦƩźĽƷĽƭ ķĻƭ źƓƷĽŭƩğƌĻƭ͵
[ğ ƌƚź ƓƚƩƒğƌĻ ĻƭƷ ĭƚǒƩğƒƒĻƓƷ ǒƷźƌźƭĽĻ ƌƚƩƭƨǒĻ Ɠƚǒƭ
ķĽƭźƩƚƓƭ ĭğƌĭǒƌĻƩ ƌğ ƦƩƚĬğĬźƌźƷĽ ƨǒǒƓĻ ǝğƌĻǒƩ ǩ ƭƚźƷ
źƓŅĽƩźĻǒƩĻ Ġ ǒƓĻ ƌźƒźƷĻ ǩź ʹ ĭĻƷƷĻ ƦƩƚĬğĬźƌźƷĽ ĭƚƩƩĻƭƦƚƓķ Ġ
ƌğźķĻ ķĻ ƌğ ƭǒƩŅğĭĻ ƭƚǒƭ ƌğ ĭƚǒƩĬĻ ƓƚƩƒğƌĻ ĭĻƓƷƩĽĻ
ƩĽķǒźƷĻ ƭźƷǒĽĻ Ġ ŭğǒĭŷĻ ķĻ ƌğǣĻ ǝĻƩƷźĭğƌ ğǤğƓƷ ƦƚǒƩ
ğĬƭĭźƭƭĻ ƌğ ǝğƌĻǒƩ ǩź͵ bƚƷƚƓƭ źĭź ƨǒĻ ƌğ ƓƚƷğƷźƚƓ ɱ ĻƭƷ
ƩĻƦƩĽƭĻƓƷğƷźǝĻ ķĻ ƌğźƩĻ͵[ğ ƌƚź ƓƚƩƒğƌĻ ĭĻƓƷƩĽĻΏƩĽķǒźƷĻ ĻƭƷ ƌźĽĻ Ġ ǒƓĻ ƷğĬƌĻ ƚǓ
ƭƚƓƷ ƩĽƦĻƩƷƚƩźĽĻƭ ƌĻƭ ǝğƌĻǒƩƭ ķĻ ƦƩƚĬğĬźƌźƷĽ ĻƓ ŅƚƓĭƷźƚƓ ķĻ ƌğ ǝğƌĻǒƩ ǩ
[{{ Α {ĻƒĻƭƷƩĻ Ў Α .źƚƭƷğƷźƭƷźƨǒĻƭ Ώ ЊЊ
[Ļ ĬĻğǒΏŅƩļƩĻ ķĻ wƚĬĻƩƷ ğ ƦľĭŷĽ ǒƓ ƭğǒƒƚƓ ķĻ ЎЌБͲВƒƒ ķğƓƭ ƌĻ ƌğĭ wğǤƒƚƓķ͵ 9Ɠ ğķƒĻƷƷğƓƷ ƨǒĻ ƌğ ƌƚƓŭǒĻǒƩ
ķĻƭ ƭğǒƒƚƓƭ ƭǒźǝĻ ǒƓĻ ƌƚź ƓƚƩƒğƌĻ bΛЍЏАƒƒͲ ЍАͲВƒƒΜͲ ƨǒĻƌƌĻ ĻƭƷ ƌğ ƦƩƚĬğĬźƌźƷĽ ƨǒĻ wƚĬĻƩƷ ƦľĭŷĻ ǒƓ ƭğǒƒƚƓ
Ʀƌǒƭ ƌƚƓŭ ƨǒĻ ĭĻƌǒź ķĻ ƭƚƓ ĬĻğǒΏŅƩļƩĻ ͪ
Њ͵ ƷƩğķǒĭƷźƚƓ ĻƓ ƌğƓŭğŭĻ ƒğƷŷĽƒğƷźƨǒĻ ʹ tΛǣѢЎЌБͲВƒƒΜў ͪ
Ћ͵ ƷƩğƓƭŅƚƩƒƚƓƭ ЎЌБͲВƒƒ ĻƓ ݳ ൩
ୖ,ଡ଼୕ୗ ୕,൩ 1,501Ќ͵ ķƚƓĭ tΛǣѢЎЌБͲВƒƒΜўtΛǩѢЊͲЎЉЊΜ
Ѝ͵ tΛǩѢЊͲЎЉЊΜўЊΏtΛǩѡΏЊͲЎЉЊΜўЊΏЉͲВЌЌЋўЉͲЉЏЏБ
[ğ ƦƩƚĬğĬźƌźƷĽ ƨǒĻ wƚĬĻƩƷ ƦľĭŷĻ ǒƓ ƭğǒƒƚƓ Ʀƌǒƭ ƌƚƓŭ ƨǒĻ ĭĻƌǒź
ķĻ ƭƚƓ ĬĻğǒΏŅƩļƩĻ ĻƭƷ ķƚƓĭ ķĻ ЏͲЏБі͵ 5ğǒƷƩĻƭ ĻǣĻƒƦƌĻƭ ķĻ
ĭğƌĭǒƌ ƦĻǒǝĻƓƷ ľƷƩĻ ĭƚƓƭǒƌƷĽƭ ķğƓƭ ƌĻ ķźğƦƚƩğƒğ ķǒ ĭƚǒƩƭ͵
[hL 59 {...59b h... [hL 59 [ğ ķźƭƷƩźĬǒƷźƚƓ ķĻ ƌğ ǝğƩźğĬƌĻ ƷͲ ĭƚƩƩĻƭƦƚƓķğƓƷ ğǒ ƩźƭƨǒĻ ķĻƩƩĻǒƩ ƌƚƩƭ ķǒƓ ƷĻƭƷ ƭƷğƷźƭƷźƨǒĻͲ ĻƭƷ ĻƓƷƩĻ ğǒƷƩĻƭ
ǒƷźƌźƭĽĻ ƦƚǒƩ ĭƚƒƦğƩĻƩ ƌĻƭ ƒƚǤĻƓƓĻƭ ķĻ ķĻǒǣ ĽĭŷğƓƷźƌƌƚƓƭͲ ƷĻƭƷĻƩ ǒƓĻ ĭƚƩƩĽƌğƷźƚƓ ƌźƓĽğźƩĻ ƚǒ ƷĻƭƷĻƩ ƌğ ƦĻƓƷĻ
ķǒƓĻ ƩĽŭƩĻƭƭźƚƓ͵[ğ ƷğĬƌĻ ķĻ Ʒ ğƭƭƚĭźĽĻ ĭƚƒƦƩĻƓķ ķĻƭ ǝğƌĻǒƩƭ ķĻ ƷͲ ƓƚƷĽĻƭ Ʒ
ΛɚͲɨΜͲ ƦƚƭźƷźǝĻƭ ķĻ ƦğƩ ƌğ ƭǤƒĽƷƩźĻ ƦğƩ ƌğǣĻ ķĻƭ
ƚƩķƚƓƓĽĻƭ ķĻ ƌğ ķźƭƷƩźĬǒƷźƚƓ ĭƚƩƩĻƭƦƚƓķğƓƷ Ġ ƌƚƩķƚƓƓĽĻ ķĻƭ ƦƚźƓƷƭ ķĻ ƌğ ĭƚǒƩĬĻ͵ 9Ɠ ĻŅŅĻƷͲ ĭĻƷƷĻ ƌƚź ķĻ Ʒ ĻƭƷ
ƩĻƦƩĽƭĻƓƷĽĻ ƦğƩ ǒƓĻ ĭƚǒƩĬĻ ĻƓ ĭƌƚĭŷĻ ƭźƒźƌğźƩĻ Ġ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ƓƚƩƒğƌĻ͵ [ğ ķźƭƷƩźĬǒƷźƚƓ ķĽĭƚǒƌğƓƷ ķĻ ĭĻƷƷĻ
ƌƚź ƦĻǒƷ ľƷƩĻ ƒƚķźŅźĽĻ ĻƓ ŅƚƓĭƷźƚƓ ķǒ ķĻŭƩĽ ķĻ ƌźĬĻƩƷĽ ɨͲ ĭĻƌǒźΏĭź
ķĽƦĻƓķğƓƷ ķǒ ƓƚƒĬƩĻ ķĻ ƒĻƭǒƩĻƭ ĻŅŅĻĭƷǒĽĻƭ͵ !źƓƭźͲ Ʀƌǒƭ ƌĻ
ķĻŭƩĽ ķĻ ƌźĬĻƩƷĽ ĻƭƷ źƒƦƚƩƷğƓƷͲ Ʀƌǒƭ ƌğ ĭƚǒƩĬĻ ķĻ Ʒ ĭƚƓǝĻƩŭĻƩğ
ǝĻƩƭ ǒƓĻ ĭƚǒƩĬĻ ƓƚƩƒğƌĻ ĭĻƓƷƩĽĻΏƩĽķǒźƷĻ͵
[Ļ ƭĻǒźƌ ɚ ĭƚƩƩĻƭƦƚƓķ Ġ tΛƷѢ ƷΛɚͲɨΜΜͲ ĭγĻƭƷΏĠΏķźƩĻ ƌğ ƦƩƚĬğĬźƌźƷĽ ƨǒĻ
Ʒ ĽŭğƌĻ ƚǒ ķĽƦğƭƭĻ ǒƓĻ ĭĻƩƷğźƓĻ ǝğƌĻǒƩ ĭƩźƷźƨǒĻͲ ķĽŅźƓźĻ ĻƓ
ŅƚƓĭƷźƚƓ ķǒ ƭĻǒźƌ ķĻ ƦƩƚĬğĬźƌźƷĽ ĻƷ ķǒ ƓƚƒĬƩĻ ķĻ ķĻŭƩĽƭ ķĻ
ƌźĬĻƩƷĽ͵ !ƷƷĻƓƷźƚƓ ʹ ƌĻ ƭĻǒźƌ ƦĻǒƷ ľƷƩĻ ǒƓźƌğƷĽƩğƌ ƚǒ ĬźƌğƷĽƩğƌ ͧ {ź
ĭĻƌǒźΏĭź ĻƭƷ ĬźƌğƷĽƩğƌͲ ƚƓ ƌĻ ƓƚƷĻƩğ tΛƷѢ Ʒ
tƩĻƓƚƓƭ ǒƓ ĻǣĻƒƦƌĻ ķǒƷźƌźƭğƷźƚƓ ʹ ĭŷĻƩĭŷƚƓƭ ƌğ ƦƩƚĬğĬźƌźƷĽ tΛƷ
ЋЍѢЋͲЍВЋΜͲ ĭγĻƭƷΏĠΏķźƩĻ ƌğ ƦƩƚĬğĬźƌźƷĽ ƨǒĻ ƌğ ǝğƌĻǒƩ
ķĻ Ʒ ƦƚǒƩ ЋЍ ķĻŭƩĽƭ ķĻ ƌźĬĻƩƷĽ ƭƚźƷ Ʀƌǒƭ ŭƩğƓķĻ ƨǒĻ ЋͲЍВЋ͵ /ĻƷƷĻ ƦƩƚĬğĬźƌźƷĽ ĽƷğƓƷ ǒƓźƌğƷĽƩğƌĻͲ Ɠƚǒƭ ƌźƩƚƓƭ ķƚƓĭ
ƌğ ƷğĬƌĻ Ʒ Ġ ƌğ ƌźŭƓĻ ɨўЋЍͲ ƩĻƒğƩƨǒƚƓƭ ƌğ ǝğƌĻǒƩ Ʒ
ΛɚͲ ЋЍΜўЋͲЍВЋͲ ĻƷ ƩĻƒƚƓƷƚƓƭ Ġ ƌğ ǝğƌĻǒƩ ɚͲ ĽŭğƌĻ Ġ ЉͲЉЊ͵
[hL 5... YILΏ/!ww9[ğ ƌƚź ķǒ ɎЕ ĻƭƷ ƚĬƷĻƓǒĻ ĻƓ ŅğźƭğƓƷ ƌğ ƭƚƒƒĻ ķĻƭ ĭğƩƩĽƭ ķĻ ƦƌǒƭźĻǒƩƭ ƌƚźƭ ƓƚƩƒğƌĻƭ ʹ
[ğ ŅƚƩƒĻ ķĻ ƌğ ĭƚǒƩĬĻ ķĻ ķĻƓƭźƷĽ ĭŷğƓŭĻ ĻƓ ŅƚƓĭƷźƚƓ ķĻ ķǒ ķĻŭƩĽ ķĻ ƌźĬĻƩƷĽ͵ ...Ɠ ķĻŭƩĽ ķĻ ƌźĬĻƩƷĽ ɰўЊ źƓķǒźƷ ƌĻ
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Њ ĻƷ ɰЋ͵ /ĻƷƷĻ ƌƚź ĻƭƷ ğƭƭƚĭźĽĻ Ġ ƌğ
ƷğĬƌĻ C ƨǒź ŅƚǒƩƓźƷ ƦƚǒƩ ķźŅŅĽƩĻƓƷƭ ƓƚƒĬƩĻƭ ķĻ ķĻŭƩĽƭ ķĻ ƌźĬĻƩƷĽ ƌğ ǝğƌĻǒƩ ĭƩźƷźƨǒĻ C ĭƚƩƩĻƭƦƚƓķğƓƷ Ġ ķźǝĻƩƭ
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ŅƩĽƨǒĻƓĭĻƭ ķǒƓĻ ǝğƩźğĬƌĻ ǣ ƭǒźƷ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ƓƚƩƒğƌĻ͵ /ƚƓķźƷźƚƓ ķğƦƦƌźĭğƷźƚƓ ʹ ƌğ ǝğƩźğĬƌĻ ǣ ĻƭƷ ĭƚƓƷźƓǒĻ͵
• tĻƷźƷ ĽĭŷğƓƷźƌƌƚƓ ΛѡЋЎΜͲ Ɠƚǒƭ ƷƩğǝğźƌƌƚƓƭ ƭǒƩ ƌĻƭ ķƚƓƓĽĻƭ ĬƩǒƷĻƭͲ
• DƩğƓķ ĽĭŷğƓƷźƌƌƚƓ ΛѢЋЎΜͲ Ɠƚǒƭ ƷƩğǝğźƌƌƚƓƭ ƭǒƩ ķĻƭ ķƚƓƓĽĻƭ ƩĽƦğƩƷźĻƭ ĻƓ ĭƌğƭƭĻƭ͵
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Ћ͵ ƩğƓƭŅƚƩƒğƷźƚƓ ǩ ʹ ĭĻƓƷƩğŭĻ ĻƷ ƩĽķǒĭƷźƚƓ ķĻƭ ǝğƌĻǒƩƭ ķĻ ǣ
Ќ͵ /ğƌĭǒƌ Ġ ƦğƩƷźƩ ķĻ ƌğ ƷğĬƌĻ ķĻƭ ŅƩĽƨǒĻƓĭĻƭ ƩĻƌğƷźǝĻƭ ƷŷĽƚƩźƨǒĻƭ ݅ ƨǒğǒƩğźƷ ǒƓĻ ǝğƩźğĬƌĻ ƦƚƭƭĽķğƓƷ ƌğ
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Ѝ͵ /ğƌĭǒƌ ķĻƭ ŅƩĽƨǒĻƓĭĻƭ ƩĻƌğƷźǝĻƭ ĭǒƒǒƌĽĻƭ ƚĬƭĻƩǝĽĻƭ Ņ
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ĽĭŷğƓƷźƌƌƚƓƭͲ ƚǒ ƭź ƌĽĭğƩƷ ƚĬƭĻƩǝĽ ƓĻƭƷ ķǕ ƨǒğǒǣ ŅƌǒĭƷǒğƷźƚƓƭ ƓğƷǒƩĻƌƌĻƭ ķĻ ƌĽĭŷğƓƷźƌƌƚƓƓğŭĻ͵ bƚǒƭ ĭğƌĭǒƌĻƩƚƓƭ
ğƌƚƩƭ ǒƓĻ ƭƷğƷźƭƷźƨǒĻ Ʒ ķĻ {ƷǒķĻƓƷ Ġ ƦğƩƷźƩ ķĻƭ ķƚƓƓĽĻƭ ĻƷ Ɠƚǒƭ ķĽƷĻƩƒźƓĻƩƚƓƭ ƌğ ƦƩƚĬğĬźƌźƷĽ ķĻ ĭĻƷƷĻ ǝğƌĻǒƩ Ġ
ƌğźķĻ ķĻ ƌğ ķźƭƷƩźĬǒƷźƚƓ ķĻ {ƷǒķĻƓƷ Ġ ɰўƓ
ЊњƓЋΏЋ ķĻŭƩĽƭ ķĻ ƌźĬĻƩƷĽ͵ /ƚƓķźƷźƚƓƭ ķğƦƦƌźĭğƷźƚƓ ʹ źƓķĽƦĻƓķğƓĭĻ ķĻƭ
ƚĬƭĻƩǝğƷźƚƓƭ Α ƓƚƩƒğƌźƷĽ ķĻƭ ķźƭƷƩźĬǒƷźƚƓƭ ķĻ ķƚƓƓĽĻƭ ķĻƭ ĽĭŷğƓƷźƌƌƚƓƭ Α ŷƚƒƚƭĭĽķğƭƷźĭźƷĽ ķĻƭ ĽĭŷğƓƷźƌƌƚƓƭ
ΛǝƚźƩ ƒźƓźΏƷĻƭƷ ķĻ CΜ͵Њ ƚǒ ƓЋ ѡЌЉΜͲ ƌĻ ƷĻƭƷ ƭƷğƷźƭƷźƨǒĻ ǒƷźƌźƭĽ ĻƭƷ ǒƓ ƷĻƭƷ Ʒ ķĻ {ƷǒķĻƓƷ
• DƩğƓķƭ ĽĭŷğƓƷźƌƌƚƓƭ ΛƓЊ ĻƷ ƓЋ ѢЌЉΜͲ ƌĻ ƷĻƭƷ ƭƷğƷźƭƷźƨǒĻ ǒƷźƌźƭĽ ĻƭƷ ǒƓ ƷĻƭƷ
{ƷǒķĻƓƷ Ʒ ƷĻƭƷ ʹЊ͵ tƚǒƩ ĭŷğƨǒĻ ƭĽƩźĻ ƭƷğƷźƭƷźƨǒĻͲ ƚƓ ĭğƌĭǒƌĻ ĻƷ ķƩĻƭƭĻ ğǒ ƭĻźƓ ķǒƓ ƷğĬƌĻğǒ ʹ
ఀ௴൩හଡ଼ቘ.௩ోଡ଼ቘ.௩ో
ଡ଼థ;ఱቘķğƓƭ ƌğ ƷğĬƌĻ ƷͲ ĻƷ ƚƓ ƌğ ĭƚƒƦğƩĻ Ġ ƌğ ǝğƌĻǒƩ ݭ௳௱௳͵ [Ļƭ ƩļŭƌĻƭ ķĻ ķĽĭźƭźƚƓ ƭƚƓƷ
ƌĻƭ ƭǒźǝğƓƷĻƭ ʹ{ź IЉ ĻƭƷ ǝƩğźĻͲ ğƌƚƩƭ ƌğ ǝğƩźğĬƌĻ ğǒǣźƌźğźƩĻ ݭ
௳௱௳ ƭǒźǝƩğ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ķĻ {ƷǒķĻƓƷ Ġ ɨ ķĻŭƩĽƭ ķĻ ƌźĬĻƩƷĽ͵
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! ĻƷ ɨ. ķĻŭƩĽƭ ķĻ ƌźĬĻƩƷĽ͵ /ƚƓķźƷźƚƓƭ ķğƦƦƌźĭğƷźƚƓ ʹ ƓƚƩƒğƌźƷĽ ķĻƭ ķźƭƷƩźĬǒƷźƚƓƭ ķĻ ķƚƓƓĽĻƭ ķĻƭ
ĽĭŷğƓƷźƌƌƚƓƭ͵Њ͵ 5ĽŅźƓźƷźƚƓ ķĻƭ ŷǤƦƚƷŷļƭĻƭ ƓǒƌƌĻ ĻƷ ğƌƷĻƩƓğƷźǝĻ ʹ
ğ͵ IЉ ʹ ƌĻƭ ǝğƩźğƓĭĻƭ ķĻƭ ķĻǒǣ ĽĭŷğƓƷźƌƌƚƓƭ ƭƚƓƷ ĽŭğƌĻƭͲ ݒ
ௗ൩ ݒĬ͵ IЊ ʹ ƌĻƭ ǝğƩźğƓĭĻƭ ķĻƭ ķĻǒǣ ĽĭŷğƓƷźƌƌƚƓƭ ƭƚƓƷ ķźŅŅĽƩĻƓƷĻƭͲ ݒ
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ഝో; ఱ; ఱቘͲ ĻƷ ƌƚƓ ƩĻƆĻƷƷĻ IЉ ğǒ ƭĻǒźƌ ɚ ƭź ݅௳௱௳൯݅ഝ
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źƓķĽƦĻƓķğƓƷƭ͵ [ğ ƭƷğƷźƭƷźƨǒĻ ... ĻƭƷ ĬğƭĽĻ ƭǒƩ ƌĻ ĭƌğƭƭĻƒĻƓƷ ĻƓ ƚƩķƩĻ ĭƩƚźƭƭğƓƷ ķĻƭ ĽƌĽƒĻƓƷƭ ķĻƭ ķĻǒǣ
ĽĭŷğƓƷźƌƌƚƓƭ͵ {ź IЉ ĻƭƷ ǝƩğźĻͲ ƌĻƭ ĽƌĽƒĻƓƷƭ ķĻƭ ķĻǒǣ ŭƩƚǒƦĻƭ ķĻǝƩğźĻƓƷ ľƷƩĻ ǒƓźŅƚƩƒĽƒĻƓƷ ƒĽƌğƓŭĽƭ ķğƓƭ ĭĻ
ĭƌğƭƭĻƒĻƓƷ͵ /Ļ ƭƚƓƷ ķƚƓĭ ƌĻƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭͲ ĻƷ ƓƚƓ ƌĻǒƩƭ ǝğƌĻǒƩƭ ƦƩĽĭźƭĻƭͲ ƨǒź ƭĻƩǝĻƓƷ ķğƓƭ ĭĻ ƷĻƭƷ͵
• IЉ ʹ ƌĻƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķĻƭ ķĻǒǣ ŭƩƚǒƦĻƭ ƭƚƓƷ ǒƓźŅƚƩƒĽƒĻƓƷ ķźƭƷƩźĬǒĽƭ ʹ ݏඈݱ
௹,൭ ݱ௺,ඌ ൩௹, ĻƷ ݱ௺, ƭƚƓƷ ķĻƭ ĽƌĽƒĻƓƷƭ ƷźƩĽƭ ğƌĽğƷƚźƩĻƒĻƓƷ ķĻ ƌğ ƦƩĻƒźļƩĻ
ƦƚƦǒƌğƷźƚƓͲ źƌ Ǥ ğ ǒƓĻ ĭŷğƓĭĻ ƭǒƩ ķĻǒǣ ƦƚǒƩ ƨǒĻ ƌǒƓ ƭƚźƷ Ʀƌǒƭ ŭƩğƓķ ƨǒĻ ƌğǒƷƩĻ͵
• IЊͲ ŷǤƦƚƷŷļƭĻ ğƌƷĻƩƓğƷźǝĻ ʹ
ğ͵ .źƌğƷĽƩğƌĻ ʹ ƌĻƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķĻƭ ķĻǒǣ ŭƩƚǒƦĻƭ ƓĻ ƭƚƓƷ Ʀğƭ ǒƓźŅƚƩƒĽƒĻƓƷ
ķźƭƷƩźĬǒĽƭ͵ ݏඈݱ ௹,൭ ݱ௺,ඌ ൪ 0,5. Ĭ͵ ...ƓźƌğƷĽƩğƌĻ ʹЊ͵ ƌĻƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķǒ ƦƩĻƒźĻƩ ŭƩƚǒƦĻ ƭƚƓƷ ķĽĭğƌĽƭ ǝĻƩƭ ƌĻƭ ŭƩğƓķĻƭ
Ћ͵ [Ļƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķǒ ƦƩĻƒźĻƩ ŭƩƚǒƦĻ ƭƚƓƷ ķĽĭğƌĽƭ ǝĻƩƭ ƌĻƭ ƦĻƷźƷĻƭ
Ћ͵ hƓ ĭƌğƭƭĻ ƌĻƭ ĽƌĽƒĻƓƷƭ ķĻƭ ķĻǒǣ ĽĭŷğƓƷźƌƌƚƓƭ ĻƓ ƚƩķƩĻ ĭƩƚźƭƭğƓƷ ĻƷ ƚƓ ƌĻǒƩ ğƭƭźŭƓĻ ǒƓ ƩğƓŭ͵ {ź ķĻǒǣ
ĽƌĽƒĻƓƷƭ ƚƓƷ ƒľƒĻ ǝğƌĻǒƩͲ ƚƓ ƌĻǒƩ ğƭƭźŭƓĻ ǒƓ ƩğƓŭ ƒĽķźğƓ͵
ĻƷ ݑ, ƩĻƭƦĻĭƷźǝĻƒĻƓƷ ƭƚƒƒĻ ķĻƭ ƩğƓŭƭ ķĻƭ ĽĭŷğƓƷźƌƌƚƓƭ Њ ĻƷ Ћ͵
ൣ ݑ ĻƷ ݔ൩ ݧ.ݧൢో.ోቘ
ൣ ݑĬ͵ hƓ ƌźƷ ķğƓƭ ƌğ ƷğĬƌĻ ... ƌğ ǝğƌĻǒƩ ݔ
థ,ొ,ో[{{ Α {ĻƒĻƭƷƩĻ Ў Α .źƚƭƷğƷźƭƷźƨǒĻƭ Ώ ЊЏ
ĭ͵ hƓ ĭƚƒƦğƩĻ ƌĻƭ ǝğƌĻǒƩƭ ݔ௳௱௳ ĻƷ ݔథ,ొ,ో. {ź ݔ௳௱௳ ൬ ݔథ,ొ,ో, ƚƓ ƩĻƆĻƷƷĻ IЉ͵
• ...ƓźƌğƷĽƩğƌ ʹ௳௱௳ ĻƭƷ ķĽŅźƓźĻ ƦğƩ ƌǒƓ ķĻƭ ķĻǒǣ ... ƭĻƌƚƓ ƌğ ƩļŭƌĻ ķĻ ĭŷƚźǣ ĭźΏķĻƭƭƚǒƭ͵
Ĭ͵ hƓ ƌźƷ ķğƓƭ ƌğ ƷğĬƌĻ ... ƌğ ǝğƌĻǒƩ ݔ
థ,ొ,ో ĭ͵ hƓ ĭƚƒƦğƩĻ ƌĻƭ ǝğƌĻǒƩƭ ݔ௳௱௳ ĻƷ ݔథ,ొ,ో. {ź ݔ௳௱௳ ൬ ݔథ,ొ,ో, ƚƓ ƩĻƆĻƷƷĻ IЉ͵
{L MAXݧ,ݧቘ൭ 20 ʹЊ͵ hƓ ƩĽƦļƷĻ ƌĻƭ ĽƷğƦĻƭ Њ Ġ Ѝ ķǒ ƦƩĽĭĽķĻƓƷ ğƌŭƚƩźƷŷƒĻ͵
Ћ͵ tƚǒƩ ķĻ ƷĻƌƭ ĻŅŅĻĭƷźŅƭͲ ... ƷĻƓķ ğƌƚƩƭ ǝĻƩƭ ǒƓĻ ƌƚź ƓƚƩƒğƌĻ͵ hƓ ĭğƌĭǒƌĻ ķƚƓĭ ƌğ ƷƩğƓƭŅƚƩƒĽĻ ĭĻƓƷƩĽĻΏ
Ĭ͵ CƚƩƒǒƌĻ ĭƚƩƩźŭĽĻͲ ƭź ƦƌǒƭźĻǒƩƭ ĽƌĽƒĻƓƷƭ ƚĭĭǒƦĻƓƷ ƌĻ ƒľƒĻ ƩğƓŭ ʹ
• ݳ ൩ ௫ଡ଼ర௫ శ௫ğ͵ hƓ ƌźƷ ƌğ ǝğƌĻǒƩ ǩ ĭƩźƷźƨǒĻ ğƭƭƚĭźĽĻ ğǒ ƭĻǒźƌ ɚΉЋ
Ĭ͵ ĻƭƷ ʹ ƭź |ݳ|൭ ݳ௳ం௹ఄ௹ఁఅ௵ థȝͲ ƚƓ ƩĻƆĻƷƷĻ IЉ
• ...ƓźƌğƷĽƩğƌ ʹğ͵ hƓ ƌźƷ ƌğ ǝğƌĻǒƩ ǩ ĭƩźƷźƨǒĻ ğƭƭƚĭźĽĻ ğǒ ƭĻǒźƌ ɚ
Ĭ͵ ĻƭƷ ʹ ƭź |ݳ|൭ ݳ௳ం௹ఄ௹ఁఅ௵ థͲ ƚƓ ƩĻƆĻƷƷĻ IЉ
[{{ Α {ĻƒĻƭƷƩĻ Ў Α .źƚƭƷğƷźƭƷźƨǒĻƭ Ώ ЊА
/hat!w!L{hb 59 59...- 9/I!bL[[hb{ !tt!wL9{[Ļ ƦƩźƓĭźƦĻ ķĻ ĭĻ ƷĻƭƷ ƩĻƦƚƭĻ ƭǒƩ ƌğƓğƌǤƭĻ ķĻƭ ķźŅŅĽƩĻƓĭĻƭ ƚĬƭĻƩǝĽĻƭ ķ ƦƚǒƩ ĭŷğƨǒĻ ƦğźƩĻ ķƚĬƭĻƩǝğƷźƚƓƭ͵ [ƚƩƭ
ķĻ ƌğ ķĽĭƌğƩğƷźƚƓ ķĻƭ ŷǤƦƚƷŷļƭĻƭͲ Ɠƚǒƭ ƦƩĻƓķƩƚƓƭ ƭƚźƓ ķĻ ƦƩĽĭźƭĻƩ ƨǒĻ Ɠƚǒƭ ƚĬƭĻƩǝƚƓƭ ƌĻƭ ķźŅŅĽƩĻƓĭĻƭ ĻƓƷƩĻ
ƌƚƓŭǒĻǒƩƭ ƒƚǤĻƓƓĻƭ͵ bƚǒƭ ǒƷźƌźƭƚƓƭ ƌğ ƓƚƷğƷźƚƓ ѯ ĭğƩ ƌĻ ƷĻƭƷ ĻƭƷ ĬğƭĽ ƭǒƩ ƌğ ƒƚǤĻƓƓĻ ķĻ ƌğ ƦƚƦǒƌğƷźƚƓ͵
/ƚƓķźƷźƚƓƭ ķğƦƦƌźĭğƷźƚƓ ʹ ĽĭŷğƓƷźƌƌƚƓƭ ğƦƦğƩźĽƭͲ ķźŅŅĽƩĻƓĭĻƭ ķĻ ƌƚƓŭǒĻǒƩ ƭǒźǝğƓƷ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ƓƚƩƒğƌĻ͵
Њ͵ hƓ ƦƚƭĻ ƌĻƭ ŷǤƦƚƷŷļƭĻƭ ʹğ͵ IЉ ʹ źƌ ƓǤ ğ Ʀğƭ ķĻ ķźŅŅĽƩĻƓĭĻ ĻƓƷƩĻ ƌğ ƒƚǤĻƓƓĻ ķĻ ƌğ ƦƚƦǒƌğƷźƚƓ Њ ĻƷ Ћ ͳ ѯЊўѯЋ
Ĭ͵ IЊ ʹ źƌ Ǥ ğ ǒƓĻ ķźŅŅĽƩĻƓĭĻ ĻƓƷƩĻ ƌğ ƒƚǤĻƓƓĻ ķĻ ƌğ ƦƚƦǒƌğƷźƚƓ Њ ĻƷ Ћ ͳ ѯЊ൪ѯЋ
Ћ͵ hƓ ĭğƌĭǒƌĻ ğǒ ƭĻźƓ ķǒƓ ƷğĬƌĻğǒ ʹ
ğ͵ [Ļƭ ķźŅŅĽƩĻƓĭĻƭ ĻƓƷƩĻ ƌĻƭ ƒĻƭǒƩĻƭ ğƦƦğƩźĽĻƭ ķ
Ĭ͵ [Ļƭ ƒƚǤĻƓƓĻƭ ķĻƭ ƦƚƦǒƌğƷźƚƓƭ ݱ
ുുു ĻƷ ݱുുുĭ͵ [ğ ķźŅŅĽƩĻƓĭĻ ĻƓƷƩĻ ƌĻƭ ƒƚǤĻƓƓĻƭ ķĻƭ ƦƚƦǒƌğƷźƚƓƭ ğƦƦğƩźĽĻƭ ʹ ݝӄ൩ ݱ
ുുുൣ ݱുുു ķ͵ [ğ ǝğƩźğƓĭĻ ķĻ ķ ʹ ݬ ௴൩∑௴ోೱౕొଡ଼ඈ∑೬ೱౕొඌో
ଡ଼ Ļ͵ [ĽĭğƩƷΏƷǤƦĻ ķĻ ķ ʹ ݬ ௴൩ ෂݬ௴ో;ఱ|Ͳ ƚƓ ƩĻƆĻƷƷĻ IЉ ğǒ ƭĻǒźƌ ɚ͵
[9 9{ 59 L[/h-hb th...w 9/I!bL[[hb{ !tt!wL9{bƚǒƭ ƦƚǒǝƚƓƭ ƦƩğƷźƨǒĻƩ ĭĻ ƷĻƭƷ ĬğƭĽ ƭǒƩ ƌĽƷǒķĻ ķĻƭ ƩğƓŭƭ ķĻƭ ƒĻƭǒƩĻƭ ƭź ƌƚƓ ķźƭƦƚƭĻ ķĻ ƒƚźƓƭ ķĻ ЏЉ ķĻƓƷƩĻ
ĻƌƌĻƭ͵ /ƚƓķźƷźƚƓƭ ķͷğƦƦƌźĭğƷźƚƓ ʹ ķĻǒǣ ĽĭŷğƓƷźƌƌƚƓƭ ƭƚƓƷ ğƦƦğƩźĽƭͲ ǝğƩźğĬƌĻƭ ƭĻƒźΏƨǒğƓƷźƷğƷźǝĻƭ͵
Њ͵ hƓ ƦƚƭĻ ƌĻƭ ŷǤƦƚƷŷļƭĻƭ ʹğ͵ IЉ ʹ ƌĻƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķĻƭ ķĻǒǣ ŭƩƚǒƦĻƭ ƭƚƓƷ ǒƓźŅƚƩƒĽƒĻƓƷ ķźƭƷƩźĬǒĽƭͲ
ź͵ .źƌğƷĽƩğƌĻ ʹ ƌĻƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķĻƭ ķĻǒǣ ŭƩƚǒƦĻƭ ƓĻ ƭƚƓƷ Ʀğƭ ǒƓźŅƚƩƒĽƒĻƓƷ
ķźƭƷƩźĬǒĽƭͲ ݏඈݱ ௹,൭ ݱ௺,ඌ ൪ 0,5 źź͵ ...ƓźƌğƷĽƩğƌĻƭ ʹ• [Ļƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķǒ ƦƩĻƒźĻƩ ŭƩƚǒƦĻ ƭƚƓƷ ķĽĭğƌĻƭ ǝĻƩƭ ƌĻƭ ŭƩğƓķĻƭ
• [Ļƭ ƩğƓŭƭ ķĻƭ ķƚƓƓĽĻƭ ķǒ ƦƩĻƒźĻƩ ŭƩƚǒƦĻ ƭƚƓƷ ķĽĭğƌĽƭ ǝĻƩƭ ƌĻƭ ƦĻƷźƷĻƭ
Ћ͵ hƓ ķĽƷĻƩƒźƓĻ ğǒ ƭĻźƓ ķǒƓ ƷğĬƌĻğǒ ƌğ ǝğƌĻǒƩ ķĻƭ ķźŅŅĽƩĻƓĭĻƭ ĻƓƷƩĻ ƌĻƭ ĽĭŷğƓƷźƌƌƚƓƭ ğƦƦğƩźĽƭ
Ќ͵ hƓ ĭƌğƭƭĻ ĭĻƭ ķźŅŅĽƩĻƓĭĻƭ ķğƓƭ ƌƚƩķƩĻ ĭƩƚźƭƭğƓƷ ķĻ ƌĻǒƩ ǝğƌĻǒƩ ğĬƭƚƌǒĻ
Ѝ͵ hƓ ĭğƌĭǒƌĻ ƌğ ƭƚƒƒĻ ݓķĻƭ ƩğƓŭƭ ķĻƭ ǝğƌĻǒƩƭ ƦƚƭźƷźǝĻƭ ğźƓƭź ƨǒĻ ĭĻƌƌĻ ݓଡ଼ ķĻƭ ƩğƓŭƭ ķĻƭ ǝğƌĻǒƩƭ
ƓĽŭğƷźǝĻƭͲ ĻƷ ƌƚƓ ķĽŅźƓźƷ ƌğ ǝğƌĻǒƩ ݓ
௲ః൩ min T,Tଡ଼ቘ Ў͵ hƓ ƩĻƌļǝĻ ƌğ ǝğƌĻǒƩ ɨ൩n[{{ Α {ĻƒĻƭƷƩĻ Ў Α .źƚƭƷğƷźƭƷźƨǒĻƭ Ώ ЊБ
Џ͵ hƓ ĭŷĻƩĭŷĻ ƌğ ǝğƌĻǒƩ ݓథ,ఱቘ ķğƓƭ ƌğ ƷğĬƌĻ ķĻ ĻƷ ƚƓ ƌğ ĭƚƒƦğƩĻ ğǝĻĭ ݓ௲ః͵ {ź ݓథ,ఱቘ൮ ݓ௲ఃͲ ƚƓ ƩĻƆĻƷƷĻ IЉ
[ƚƩƭƨǒĻ ƌƚƓ ĽƷǒķźĻ Ʀƌǒƭ ķĻ ķĻǒǣ ĽĭŷğƓƷźƌƌƚƓƭ ΛƉѢЋΜͲ Ɠƚǒƭ ǒƷźƌźƭĻƩƚƓƭ ƌĻ ƷĻƭƷ ƦğƩğƒĽƷƩźƨǒĻ ķĻ .ğƩƷƌĻƷƷ ķĻ
ĭƚƒƦğƩğźƭƚƓ ķĻ Ɖ ĽĭŷğƓƷźƌƌƚƓƭ źƓķĽƦĻƓķğƓƷƭ͵
9{ 5Ihah{/95!{L/L9 59 .!w[9/Ļ ƷĻƭƷ ĬğƭĽ ƭǒƩ ƌĽƨǒźǝğƩźğƓĭĻ ĻƓƷƩĻ ƦƌǒƭźĻǒƩƭ ŭƩƚǒƦĻƭ ǝĽƩźŅźĻ ĻƷ ǝğƌźķĻ ƭź ƌĻƭ ķźƭƷƩźĬǒƷźƚƓƭ ķĻƭ ƚĬƆĻƷƭ ƭƚƓƷ
ƓƚƩƒğƌĻƭ͵ /ƚƓķźƷźƚƓƭ ķğƦƦƌźĭğƷźƚƓ ʹ ƓƚƩƒğƌźƷĽ ķĻƭ ķźƭƷƩźĬǒƷźƚƓƭ͵
Њ͵ 5ĽĭƌğƩğƷźƚƓ ķĻƭ ŷǤƦƚƷŷļƭĻƭ ʹ
ğ͵ IЉ ʹ ƌĻƭ ǝğƩźğƓĭĻƭ ķĻƭ ŭƩƚǒƦĻƭ ƭƚƓƷ ĽŭğƌĻƭͲ ɭ
Ĭ͵ IЊ ʹ ğǒ ƒƚźƓƭ ǒƓĻ ǝğƩźğƓĭĻ ķźŅŅļƩĻ ķĻƭ ğǒƷƩĻƭͲ ɭ
ź൪ɭƆ ƦƚǒƩ ğǒ ƒƚźƓƭ ǒƓ ź൪Ɔ Ћ͵ hƓ ĭğƌĭǒƌĻ ƌĻƭ ǝğƩźğƓĭĻƭ ݒ ఈೱ ķĻ ĭŷğƨǒĻ ŭƩƚǒƦĻ ƌğ ǝğƌĻǒƩ ࠌథ,ఱቘĻƷ ƚƓ ƌğ ĭƚƒƦğƩĻ ğǝĻĭ ƌğ ǝğƌĻǒƩ ݁͵ {ź ݁൭ ࠌథ,ఱቘͲ ƚƓ ƩĻƆĻƷƷĻ
ğƌƚƩƭ IЉ ğǒ ƭĻǒźƌ ɚ͵[ƚƩƭƨǒĻ ƌĻƭ ķƚƓƓĽĻƭ ƓĻ ƭƚƓƷ Ʀğƭ ķźƭƷƩźĬǒĽĻƭ ƓƚƩƒğƌĻƒĻƓƷ ĻƷ ƨǒĻ ƌğ ƓƚƩƒğƌźƷĽ ĻƭƷ ƩĻƨǒźƭĻ ƦƚǒƩ ǒƓ ƷĻƭƷ ķƚƓƓĽͲ
ķĻǒǣ ƚƦƷźƚƓƭ ƭƚŅŅƩĻƓƷ Ġ Ɠƚǒƭ ʹ ƌǒƷźƌźƭğƷźƚƓ ķĻ ƷĻƭƷƭ ƓƚƓ ƦğƩğƒĽƷƩźƨǒĻƭ ƭƚǒǝĻƓƷ ƒƚźƓƭ ƦǒźƭƭğƓƷƭ ƚǒ ķĻ ƷĻƭƷƭ ƦğƩ
ƦĻƩƒǒƷğƷźƚƓͲ ƚǒ ĬźĻƓ ƌğ ƷƩğƓƭŅƚƩƒğƷźƚƓ ķĻƭ ķƚƓƓĽĻƭ ğŅźƓ ƨǒĻ ĭĻƌƌĻƭΏĭź ƭǒźǝĻƓƷ ǒƓĻ ķźƭƷƩźĬǒƷźƚƓ ƓƚƩƒğƌĻ͵
/Ļƭ ƷƩğƓƭŅƚƩƒğƷźƚƓƭ ƦĻǒǝĻƓƷ ƭĻ ŅğźƩĻ ǝźğ ʹ
• [ƚŭğƩźƷŷƒĻ lnݱቘ ƦƚǒƩ ķĻƭ ķƚƓƓĽĻƭ
ƭƷƩźĭƷĻƒĻƓƷ ƦƚƭźƷźǝĻƭͲ ƚǒ ĻƓĭƚƩĻ
ln ݱ ൢ 1ቘ ƭź ƌğ ǝğƩźğĬƌĻ ǣ ƦƩĻƓķ ķĻƭ
ǝğƌĻǒƩƭ ƦƚƭźƷźǝĻƭ ƚǒ ƓǒƌƌĻƭ • wğĭźƓĻ √ݱ ƦƚǒƩ ķĻƭ ķƚƓƓĽĻƭ ƦƚƭźƷźǝĻƭ ƚǒ ƓǒƌƌĻƭͲ ƚǒ ĻƓĭƚƩĻ √ݱ ൢ ݜ ƭź ǣ ƦƩĻƓķǒƓĻ ƚǒ ķĻƭ ǝğƌĻǒƩƭ ƓĽŭğƷźǝĻƭ
• LƓǝĻƩƭĻ ఈLƌ ƓĻ Ɠƚǒƭ ƩĻƭƷĻ ƨǒĠ ĻŅŅĻĭƷǒĻƩ Ġ ƓƚǒǝĻğǒ ǒƓ ƷĻƭƷ
ķĻ ƓƚƩƒğƌźƷĽ ğŅźƓ ķĻ ǝĽƩźŅźĻƩ ƭź ƌğ ƷƩğƓƭŅƚƩƒğƷźƚƓ
ĻƭƷ ğķĽƨǒğƷĻ͵