K-Means Clustering Approach for Improving Financial Forecasts

The following paper treats both types of forecasting: qualitative and quantitative. It highlightsthe importance of using both of them in order to achieve more accurate forecasts. It shows the flaws of quantitative forecasting when applying simple regression on large sets ofdata. Also, by using advan...

Full description

Bibliographic Details
Main Author: Țole Alexandru - Adrian
Format: Article
Language:English
Published: Ovidius University Press 2018-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2018/08/15-2.pdf