Company Filing History:
Years Active: 2017-2019
Title: Richard Potter: Innovator in Compound Probability Distribution Techniques
Introduction
Richard Potter is a notable inventor based in Cary, NC (US). He has made significant contributions to the field of probability distribution estimation, holding a total of 4 patents. His work focuses on innovative techniques that enhance the efficiency and accuracy of compound probability distribution modeling.
Latest Patents
Richard Potter's latest patents include groundbreaking techniques for estimating compound probability distribution by simulating large empirical samples with scalable parallel and distributed processing. These techniques involve receiving a compound model specification that includes frequency and severity models, along with model errors. The process entails generating multiple frequency and severity models through perturbation, and dividing the generation of compound model samples among distributed worker nodes. This approach allows for the collection of aggregate statistics from the generated samples, significantly improving the modeling process.
Career Highlights
Richard Potter is currently associated with SAS Institute Inc., a leading company in analytics and data management. His work at SAS has allowed him to apply his innovative techniques in real-world applications, contributing to advancements in data analysis and probability modeling.
Collaborations
Throughout his career, Richard has collaborated with esteemed colleagues such as Mahesh V Joshi and Jan Chvosta. These collaborations have fostered a productive environment for innovation and have led to the development of advanced methodologies in their field.
Conclusion
Richard Potter's contributions to the field of compound probability distribution estimation exemplify the impact of innovative thinking in technology. His patents and collaborative efforts continue to influence advancements in data analytics and modeling techniques.