The dendrogram above shows the hierarchical clustering of the data. Each merge in the dendrogram represents a cluster formed by combining two clusters or data points. The height of the merge indicates the distance or dissimilarity between the clusters being merged.
Key points to note:
- The x-axis represents the years.
- The y-axis represents the Euclidean distances between clusters.
- The closer the merge is to the bottom of the plot, the more similar the clusters are.
You can choose a threshold to cut the dendrogram and decide the number of clusters.
Would you like to proceed with a specific number of clusters or explore further analysis? Feel free to ask any more questions you may have!