Hostname: page-component-78c5997874-t5tsf Total loading time: 0 Render date: 2024-11-15T08:31:51.220Z Has data issue: false hasContentIssue false

Some Clarifying Comments on Discriminant Analysis

Published online by Cambridge University Press:  06 April 2009

Extract

In response to the many issues raised by Altman and Eisenbeis (A&E) [2], we will use their three-part outline. Before turning to their comments, however, we would like to take this opportunity to correct a typo in footnote 10 from our original paper [4]. The denominator of the formula is incorrect as shown, and should be .

Type
Research Article
Copyright
Copyright © School of Business Administration, University of Washington 1978

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

[1]Altman, E. I.. ‘Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy.” Journal of Finance (09 1968).Google Scholar
[2]Altman, E. I., and Eisenbe, R. A.. “Financial Applications of Discriminant Analysis: A Clarification.” Journal of Financial and Quantitative Analysis (this issue).Google Scholar
[3]Eisenbeis, R. A.Pitfalls in the Application of Discriminant Analysis in Business, Finance, and Economics.” Journal of Finance (06 1977).CrossRefGoogle Scholar
[4]Joy, O. M. and Tollefson, J. O.. “On the Financial Applications of Discriminant Analysis.” Journal of Financial and Quantitative Analysis (09 1975).CrossRefGoogle Scholar
[5]Lachenbruch, P. A.Discriminant Analysis. New York: Hafner Press (1975).Google Scholar
[6]Lachenbruch, P. A., and Mickey, M. R.. “Estimation of Error Rates in Discriminant Analysis.” Technometrics (02 1968).CrossRefGoogle Scholar
[7]Mosteller, F., and Wallace, D.F.. “Inference in an Authorship Problem.” Journal of the American Statistical Association (06 1963).Google Scholar
[8]Pinches, G. E.Factors Influencing Classification Results from Multiple Discriminant Analysis.” Journal of Business Research (forthcoming).Google Scholar
[9]Scott, E.Financial Applications of Multiple Discriminant Analysis.” Journal of Financial and Quantitative Analysis (forthcoming).Google Scholar