Abstract:
This paper introduces L-scaling, which computes scaled scores from multivariate data. We demonstrate the uniqueness, positivity and equivariance of the L-scaling weights. The relationship of L-scaling to ANOVA and principal components is explained, robustness and inference are discussed, and an analogy in mechanics is mentioned. Finally, L- scaling is used to summarize the cost of living in 15 U. S. cities in 1988.
Keywords:multidimensional; scaling; principal; components (search for similar items in EconPapers) JEL-codes:C1C2C3C4C5C8 (search for similar items in EconPapers) Date: 1999-04-21 Note: Type of Document - text, 121 kb; prepared on IBM PC MS Word; to print on HP; pages: 14 ; figures: none. View list of references