Application of the Model of Principal Components Analysis on Romanian Insurance Market
Principal components analysis (PCA) is a multivariate data analysis technique whose main purpose is to reduce the dimension of the observations and thus simplify the analysis and interpretation of data, as well as facilitate the construction of predictive models. A rigorous definition of PCA has bee...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2008-06-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: | http://www.ectap.ro/articole/310.pdf |