Comparison Performance of Qualitative Bankruptcy Classification based on Data Mining Algorithms

Bankruptcy classification and prediction are imperative for informed decision making and problem-solving in actual risk assessment. Knowledge discovery using data mining techniques are commonly applied in bankruptcy classification and prediction. This paper presents a comparison of three different c...

Full description

Saved in:
Bibliographic Details
Main Authors: Ali, Al-Fahim Mubarak, Nilam Nur, Amir Sjarif, Yee, Fang Lim, Nurulhuda Firdaus, Moh Azmi
Format: Conference or Workshop Item
Published: 2017
Subjects:
Online Access:http://icsecs.ump.edu.my/index.php/en/#
http://icsecs.ump.edu.my/index.php/en/#
http://umpir.ump.edu.my/19748/1/Comparison%20Performance%20of%20Qualitative%20Bankruptcy%20Classification%20based%20on%20Data%20Mining%20Algorithms.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Bankruptcy classification and prediction are imperative for informed decision making and problem-solving in actual risk assessment. Knowledge discovery using data mining techniques are commonly applied in bankruptcy classification and prediction. This paper presents a comparison of three different classification algorithms namely NaiveBayes (NaiveBayes classifier), Logistic Regression (Logistic classifier) and C4.5 decision tree (J48 classifier) for bankruptcy classification analysis. Qualitative bankruptcy data retrieved from UCI Machine Learning Repository is used for the experimental study. The paper adopted percentage split and cross validation methods for more precise results of the classification performance. The results of the experiment show that NaiveBayes classifier has higher accuracy compares to Logistic and J48 classifiers. The paper contributes as a reference in high accuracy classifier selection for more effective decision supports in solving bankruptcy classification problems.