Application of discriminate analysis to prediction of company future economic development

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Authors

Sousedíková, Radmila
Dvořáček, Jaroslav
Savič, Igor

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Publisher

Vysoká škola báňská - Technická univerzita Ostrava

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Ve fondu ÚK

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Abstract

The paper takes into account applications of discriminate analysis as regards prediction of future economic development of companies. An assumption of multivariate normality of discriminators has been tested and outliers identified. An outlier reduction of original data files brings data distribution closer to multivariate normality, and substantially improves discriminate function classification abilities.

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Subject(s)

default prediction, discriminate analysis, multivariate normality, outliers

Citation

GeoScience Engineering. 2012, vol. 58, no. 4, p. 1-9.