Classification of the Italian Lira using the LVQ method

For the pattern classification problems the neuro-pattern recognition which is the pattern recognition based on the neural network approach has been paid an attention since it can classify various patterns like human beings. In this paper, we adopt the learning vector quantization (LVQ) method to classify the various kinds of money. The reasons to use the LVQ are that it can process the unsupervised classification and treat many input data with small computational burdens. We will construct the LVQ network to classify the Italian liras. Compared with a conventional pattern matching technique, which has been adopted as a classification method, the proposed method has shown excellent classification results.

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