Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
981304 | Procedia Economics and Finance | 2014 | 7 Pages |
Abstract
Providing correct and specific information for economic management can be achieved through an object identification system and can be guaranteed in order to get correct management decisions through applying certain security procedures. This paper describes the principal components analysis as a method of data representation and multidimensional data reduction and also the results obtained when applying this technique and the K-means clustering algorithm on a set of economic data. At the end, there is described the projection of the cluster analysis through the means of electronic security and economic management.
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