Forecast model quality index for computer storage capacity planning
US7788127B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 25, 2007 |
| Grant date | Aug 31, 2010 |
| Priority date | — |
| Expiry date | Nov 18, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0202
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A robust, simple, application-specific way to evaluate data models and forecasts is provided for evaluating whether a forecast is trustworthy. An approach for formulating a single, summary indication of data/model/forecast quality relevant for the task at hand is described. This approach includes generating a forecast model from collected data, combining multiple model-quality parameters based on the model, computing an indication based on the combination of parameters, and evaluating the model and forecast quality based on the indication. This indication, in the form of a Model Quality Index, can also be used to compare different types of models produced by different types of analysis approaches.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.