System and method for performance evaluation of probability forecast
US10803393B2 · kind B2 · utility
Inventors
Key dates
| Filing date | Apr 4, 2017 |
| Grant date | Oct 13, 2020 |
| Priority date | — |
| Expiry date | Jul 22, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N7/01
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A method and system for probability distribution forecast evaluation are disclosed. The present disclosure is directed to embodiments of a system that evaluates probability distribution forecasts by acquiring one or more of a probability distribution forecast, a probability distribution realization, and a prior knowledge of the probability distribution forecast. The system disclosed herein may then compute an accuracy score and an information score based on the acquired forecast, realization, and prior knowledge. In evaluating the forecast, a performance score may also be computed based on the accuracy score and the information score.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.