Article ID Journal Published Year Pages File Type
981304 Procedia Economics and Finance 2014 7 Pages PDF
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.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics