Exploratory Data Analysis by the Self Organizing Map Structures of Welfare and Poverty in the World

Abstract

The self organizing map SOM is a method that represents statistical data sets in an ordered fashion as a natural groundwork on which the distributions of the individual indicators in the set can be displayed and analyzed As a case study that instructs how to use the SOM to compare states of economic systems the standard of living of dif ferent countries is analyzed using the SOM Based on a great number of welfare indicators the SOM illustrates rather re ned relation ships between the countries two dimensionally This method is directly applicable to the nancial grading of companies too

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@inproceedings{Refenes2006ExploratoryDA, title={Exploratory Data Analysis by the Self Organizing Map Structures of Welfare and Poverty in the World}, author={Paul Refenes and Yaser Abu Mostafa and John Moody and Samuel Kaski}, year={2006} }