The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 14, 2021
Filed:
Sep. 28, 2018
Uptake Technologies, Inc., Chicago, IL (US);
Greg Gandenberger, Mt. Prospect, IL (US);
Uptake Technologies, Inc., Chicago, IL (US);
Abstract
When two event prediction models produce different numbers of catches, a computer system may be configured to determine which of the two models has the higher net value based on how a 'Break-Even Alert Value Ratio' for the models compares to an estimate of the how many false flags are worth trading for one catch. Further, when comparing two event prediction models, a computer system may be configured to determine 'catch equivalents' and “false-flag equivalents” numbers for the two different models based on potential-value and impact scores assigned to the models' predictions, and the computing system then use these “catch equivalents” and “false-flag equivalents” numbers in place of “catch” and “false flag” numbers that may be determined using other approaches.