Table 15 The impact of the parameter \({\mu }\) and \(\beta\) on the decision result by ERUNS method.

From: Smart system for forecasting financial outcomes and supporting strategic choices

\(\Omega\)

r

\({M^{\kappa }}_{1}\)

\({M^{\kappa }}_{2}\)

\({M^{\kappa }}_{3}\)

\({M^{\kappa }}_{4}\)

\({M^{\kappa }}_{5}\)

\({M^{\kappa }}_{6}\)

\({M^{\kappa }}_{7}\)

\({M^{\kappa }}_{8}\)

Ranking

\(\beta =0.1\)

\({\mu }=5\)

0.3221

0.4644

0.3217

0.6901

0.3228

0.4103

0.4542

0.5371

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=8\)

0.3233

0.4659

0.3229

0.6917

0.3240

0.4118

0.4557

0.5387

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=10\)

0.3244

0.4675

0.3240

0.6933

0.3251

0.4134

0.4573

0.5403

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=50\)

0.3262

0.4698

0.3258

0.6957

0.3269

0.4158

0.4596

0.5427

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=100\)

0.3279

0.4721

0.3276

0.6981

0.3287

0.4182

0.4620

0.5451

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\(\beta =0.5\)

\({\mu }=5\)

0.3297

0.4745

0.3293

0.7005

0.3305

0.4206

0.4643

0.5475

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=8\)

0.3314

0.4768

0.3311

0.7029

0.3322

0.4230

0.4666

0.5499

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=10\)

0.3326

0.4783

0.3322

0.7045

0.3334

0.4246

0.4682

0.5515

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=50\)

0.3337

0.4799

0.3334

0.7061

0.3346

0.4262

0.4698

0.5531

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=100\)

0.3354

0.4822

0.3352

0.7085

0.3363

0.4286

0.4721

0.5555

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\(\beta =0.7\)

\({\mu }=5\)

0.3372

0.4845

0.3369

0.7109

0.3381

0.4310

0.4744

0.5579

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=8\)

0.3383

0.4861

0.3381

0.7125

0.3393

0.4326

0.4760

0.5595

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=10\)

0.3395

0.4876

0.3393

0.7141

0.3405

0.4342

0.4776

0.5611

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=50\)

0.3401

0.4884

0.3399

0.7149

0.3411

0.4350

0.4783

0.5619

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=100\)

0.3412

0.4900

0.3410

0.7165

0.3422

0.4366

0.4799

0.5635

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\(\beta =0.9\)

\({\mu }=5\)

0.3424

0.4915

0.3422

0.7181

0.3434

0.4382

0.4815

0.5651

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=8\)

0.3430

0.4923

0.3428

0.7189

0.3440

0.4390

0.4822

0.5659

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=10\)

0.3436

0.4931

0.3434

0.7197

0.3446

0.4398

0.4830

0.5667

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=50\)

0.3447

0.4946

0.3445

0.7213

0.3458

0.4414

0.4846

0.5683

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)

\({\mu }=100\)

0.3465

0.4969

0.3463

0.7237

0.3475

0.4438

0.4869

0.5707

\({M^{\kappa }}_{4} \succ {M^{\kappa }}_{8} \succ {M^{\kappa }}_{2} \succ {M^{\kappa }}_{7}\succ {M^{\kappa }}_{6} \succ {M^{\kappa }}_{5}\succ {M^{\kappa }}_{1} \succ {M^{\kappa }}_{3}\)