Cohort half life forecasting combination from a confident jury
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United States of America Patent
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May 17, 2016
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app pub date -
Jan 7, 2015
filing date -
Jan 7, 2015
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Abstract
A forecasting cohort includes a first set of forecasting algorithms and a second set of forecasting algorithms. An initial confidence level and a half-life of each of the first set of forecasting algorithms and the second set of forecasting algorithms are determined. A half-life weight for each of the first set of forecasting algorithms and the second set of forecasting algorithms at a subsequent time are determined, such that the half-life weights decrease an effect of a forecasting algorithm as time elapses. A combined confidence level of the forecasting cohort at the subsequent time is determined and used to adjust resource usage.
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