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

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Altman's Z-score is a multivariate statistical model that uses multiple discriminant analysis to predict the likelihood of bankruptcy for a company. It is based on several financial ratios and measures, including profitability, liquidity, solvency, leverage, and operating efficiency. The Z-score model assigns a score to a company based on its financial performance, with a lower score indicating a higher risk of insolvency or bankruptcy. The Z-score has been used extensively in corporate finance and accounting as a tool for financial analysis and credit risk assessment.

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