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US Patent 7092844 Determining confidence intervals for weighted trial data

Patent 7092844 was granted and assigned to Trilogy (company) on August, 2006 by the United States Patent and Trademark Office.

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Patent

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Current Assignee
Trilogy (company)
Trilogy (company)
Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
7092844
Date of Patent
August 15, 2006
Patent Application Number
10896162
Date Filed
July 20, 2004
Patent Primary Examiner
‌
Edward Raymond
Patent 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.

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