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:
Mar. 25, 2014
Filed:
Jul. 21, 2011
Kaloyan Mihaylov, New York, NY (US);
Timothy J. Breault, Charlotte, NC (US);
Harsh Singhal, Charlotte, NC (US);
Magali F. Van Belle, Charlotte, NC (US);
Wei Wei, Cranford, NJ (US);
Kaloyan Mihaylov, New York, NY (US);
Timothy J. Breault, Charlotte, NC (US);
Harsh Singhal, Charlotte, NC (US);
Magali F. Van Belle, Charlotte, NC (US);
Wei Wei, Cranford, NJ (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Methods, computer readable media, and apparatuses for evaluating models using forecast error attribution are presented. According to one or more aspects, one or more input values corresponding to one or more input variables may be forecast. One or more results of a modeling function may be calculated using the one or more forecasted input values. Thereafter, actual performance data corresponding to the modeling function may be received. One or more holdout values for the modeling function may be calculated using the actual performance data. Subsequently, a graph that includes the one or more results of the modeling function, the actual performance data, and the one or more holdout values for the modeling function may be plotted. In some arrangements, the one or more holdout values for the modeling function may be indicative of one or more assumption errors made with respect to the one or more forecasted input values.