Economic efficiency of enterprises assessment based on multivariate statistical analysis method

Abstract

This paper describes a multivariate statistical analysis technique for enterprises economic efficiency assessment. Using this method to provide a scientific basis for enterprises decision-making is of great significance to improving enterprises economic performance.As the main two methods of multivariate statistical, principal component analysis and cluster analysis methods have been applied in the data statistical analysis involving 15 enterprises. The analysis results have been mutual comparison and validation by using these two methods. After analyzing 7 economic benefit data indicators of the 15 enterprises, the operating conditions, impact factor and solution of these enterprises have been studied.