Method and system for assessing and planning business operations utilizing rule-based statistical modeling
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United States of America Patent
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Jun 26, 2007
Grant Date -
Nov 21, 2002
app pub date -
May 16, 2001
filing date -
May 16, 2001
priority date (Note) -
In Force
status (Latency Note)
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Abstract
The principles of the present invention include a system and method for assessing business activities. The method includes retrieving historical data associated with a business activity. At least one statistical model is generated based on the historical data. Knowledge is developed based on the statistical model(s). The knowledge is applied to at least one predetermined rule. Validity of the statistical model(s) is assessed based on the application of the knowledge using the predetermined rule(s). A valid statistical model is recommended to a user.
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