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:
Aug. 15, 2006
Filed:
Jul. 20, 2004
Stephen W. Young, Austin, TX (US);
Daniel P. Karipides, Round Rock, TX (US);
Stephen W. Young, Austin, TX (US);
Daniel P. Karipides, Round Rock, TX (US);
Trilogy Development Group. Inc., Austin, TX (US);
Abstract
Collected trial data is weighted to, for example, reflect the relevance of the data. A weighted confidence interval determination and application process described herein determines a confidence interval used to interpret the data. The confidence interval is derived by adjusting the sample size N to account for the impact of weighting when determining confidence intervals. The sample size N is adjusted in a downward trend to avoid overestimating the confidence interval. Lower and upper bounds of the confidence interval are determined using weight influenced variables. Thus, interpretation of weighted trial data, such as product demand data, can be achieved and acted upon with an accurate estimation of risk.