The pairplot shows the relationships and distributions of different economic indicators within clusters determined by KMeans clustering. Each scatter plot’s axes represent two indicators, while the density plots on the diagonal show the distribution of single variables, colored by cluster.
Analysis:
• Clusters are formed based on the inherent groupings in the multidimensional data. Each cluster represents a grouping of data points that are like each other.
• The scatter plots demonstrate how these clusters are distributed with respect to two indicators at a time.
• The distribution plots (on the diagonal) indicate the range and density of each variable within each cluster, with some variables showing distinct peaks for different clusters.
From the clusters, we can infer that certain combinations of economic indicators are common suggesting potential correlations or influences between these indicators