Altman's Z-score uses multiple discriminant analysis in a bankruptcy prediction model.

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Altman's Z-score is a bankruptcy prediction model that uses multiple discriminant analysis to determine the likelihood of a company going bankrupt. The model takes into account several financial ratios and assigns weights to each one to create a final score. A score below a certain threshold indicates a high probability of bankruptcy.

Altman's Z-Score Uses Multiple Discriminant Analysis in a Bankruptcy Prediction