Application of Data Mining methods in analysis of company's activity

Tyurina Dina N. ()
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Tyurina Dina N.: Kharkiv Institute of Finance of the Ukrainian State University of Finance and International Trade

Business Inform, 2013, issue 3, 125_129

Abstract: The article considers expediency of application of Data Mining means along with traditional statistical methods of analysis of financial and economic activity of a company for revealing all possible factors that influence upon effectiveness of its functioning by means of solving clusterisation tasks. It shows main advantages of application of Data Mining means in analysis of company's activity. It offers an algorithm of conduction analysis of company's activity, which facilitates significant increase of effectiveness of its activity.

Keywords: statistical methods; Data Mining means; forecasting; classification; clusterisation; search for alternative rules. (search for similar items in EconPapers)
Date: 2013
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