WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 13, 2016
Towards Econometric OLAP Design in the Intelligence System
Authors: Jan Tyrychtr, Ivan Vrana
Abstract: The econometrics is currently a perspective area of enterprises growth and economy which is based on application of econometric models requires a good knowledge of mathematics and statistics. To better support decision making in the areas of economic analysis as much as possible, it is necessary to apply econometric problems with intelligent decision support systems for managers and experts. In this paper we focused on the improvement of the method of transformation to better support the design of the analytical (multidimensional) databases of econometric based intelligence systems. We create formal rules of the new TEM method for transformation econometric model through the using of mathematical notation. Based on the proposed approaches to the transformation of an econometric model to the multidimensional schema paying attention to measurement of quality and we compare it with original TEM-CM method. Application of innovative TEM method is illustrated in agriculture context. We also create a prototype of multidimensional OLAP databases and applications to ensure econometric analyses.
Keywords: OLAP, multidimensional design, database design, econometrics, econometric system, analytical system
Pages: 627-633WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 13, 2016, Art. #59