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:
Oct. 31, 2023
Filed:
Sep. 21, 2022
Hartford Steam Boiler Inspection and Insurance Company, Hartford, CT (US);
Richard B. Jones, Georgetown, TX (US);
HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY, Hartford, CT (US);
Abstract
In at least one embodiment, the present description is directed to a computer system, having a processor to at least: electronically receive a model for one or more operating conditions, and facility operating data; iteratively perform one or more iterations of outlier bias reduction in the facility operating data based on the model, including: determining model predicted values, comparing the model predicted values to the facility operating data, removing bias facility operating data from the facility operating data of the plurality of facilities, and constructing, based at least in part on the non-biased facility operating a data, an updated model with one or more updated coefficients; determine, based on non-biased facility operating data, a non-biased performance standard for the one or more operating conditions; and track, based on the no-biased performance standard and the facility operating data, operating performance of each respective facility of the plurality of facilities.