Abdullah, Halim, Ahmad and Rose (2008) compared three methods of predicting financially troubled companies in Malaysia, these were multiple discriminant analysis
(MDA), hazard model and logistic regression analysis.
Application of multiple discriminant analysis
(MDA) as a credit scoring and risk assessment model.
In this study, simultaneous estimation is applied for multiple discriminant analysis
, and the SPSS program is used.
Using the multiple discriminant analysis
, the null hypothesis of equal population covariance matrices in this case was rejected significantly (Box's M = 16.
2 MULTIPLE DISCRIMINANT ANALYSIS
OF VALUES AND ORGANIZATIONAL CULTURE DIMENSIONS
In addition, multiple discriminant analysis
showed that six creative dimensions could be distinguished between the two groups of cognitive thinkers.
Assessment of company insolvency risk, based on multiple discriminant analysis
Indeed, Hosmer and Lemeshow (1989) showed that logistic regression modelling requires far fewer assumptions than multiple discriminant analysis
and multivariate regression analysis, whilst generally producing models which exhibit similar or better predictive powers.
The categories involve the use of regression analysis, multiple discriminant analysis
, and neural networks.
Multiple discriminant analysis
used to classify French and German grape brandies and French cognacs.
In the model, each of these ratios is multiplied by a coefficient that is derived from a statistical procedure called multiple discriminant analysis
Bascially, multiple discriminant analysis
tests whether samples from pre-assigned categores (in this case, macrohabitats) can be distinguished based on a set of associated characteristics (here, species or local environmental characteristics).