Table 16 The impact of the parameter \({\mu }\) and \(\beta\) on the decision result by AROMAN 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

\(\beta =0.1\)

\({\mu }=5\)

0.3857

0.4521

0.5927

0.6373

0.4603

0.4676

0.5793

0.6151

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

\({\mu }=8\)

0.3924

0.4690

0.5895

0.6297

0.4721

0.4632

0.5879

0.6048

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

\({\mu }=10\)

0.3786

0.4449

0.6032

0.6409

0.4537

0.4715

0.5821

0.6187

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

\({\mu }=50\)

0.3954

0.4485

0.5849

0.6381

0.4702

0.4651

0.5852

0.6059

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

\({\mu }=100\)

0.3805

0.4471

0.5887

0.6279

0.4668

0.4642

0.5814

0.6104

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

\(\beta =0.5\)

\({\mu }=5\)

0.3863

0.4612

0.5916

0.6392

0.4684

0.4667

0.5827

0.6078

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

\({\mu }=8\)

0.3840

0.4575

0.5868

0.6420

0.4713

0.4630

0.5845

0.6035

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

\({\mu }=10\)

0.3932

0.4527

0.5972

0.6284

0.4591

0.4694

0.5786

0.6129

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

\({\mu }=50\)

0.3985

0.4553

0.5909

0.6315

0.4619

0.4721

0.5772

0.6181

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

\({\mu }=100\)

0.3969

0.4607

0.5920

0.6298

0.4636

0.4663

0.5818

0.6072

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

\(\beta =0.7\)

\({\mu }=5\)

0.3881

0.4515

0.5945

0.6389

0.4665

0.4708

0.5788

0.6166

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

\({\mu }=8\)

0.3808

0.4604

0.5937

0.6365

0.4633

0.4656

0.5816

0.6084

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

\({\mu }=10\)

0.3913

0.4497

0.5872

0.6331

0.4672

0.4662

0.5775

0.6107

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

\({\mu }=50\)

0.3940

0.4608

0.5907

0.6357

0.4686

0.4654

0.5812

0.6071

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

\({\mu }=100\)

0.3865

0.4544

0.5939

0.6378

0.4618

0.4724

0.5780

0.6119

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

\(\beta =0.9\)

\({\mu }=5\)

0.3818

0.4492

0.5906

0.6416

0.4627

0.4698

0.5846

0.6051

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

\({\mu }=8\)

0.3844

0.4529

0.5991

0.6281

0.4608

0.4660

0.5828

0.6092

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

\({\mu }=10\)

0.3803

0.4535

0.5904

0.6313

0.4636

0.4658

0.5849

0.6040

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

\({\mu }=50\)

0.3920

0.4583

0.5930

0.6408

0.4675

0.4709

0.5779

0.6156

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

\({\mu }=100\)

0.3973

0.4591

0.5946

0.6428

0.4700

0.4715

0.5774

0.6162

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