×

One Click Universal Probability Calculator

  • US 20190311019A1
  • Filed: 04/10/2018
  • Published: 10/10/2019
  • Est. Priority Date: 04/10/2018
  • Status: Abandoned Application
First Claim
Patent Images

1. A product that puts together the following features:

  • 1.1 Calculate probabilities for continuous and discrete data.1.2 Return an estimation of the quality/accuracy of the answer (confidence level).1.3 Based on one-click procedure;

    requiring the user to perform only the following actions;

    a. Provide the sample data by importing a file or pasting/typing the data.b. Enter a value of the cut-off point x for which is desired to calculate the probability and the desired math symbol (<

    , ≤

    , >

    , ≥

    , =).c. Click on a button (or equivalent trigger) as described in Section 3.1.Note that step b might be optional. If the user does not specify them, the tool can just compute probabilities for different values of x and return all probabilities to the user.1.4 Calculate probabilities without requiring statistical knowledge from the user. It means a tool requiring from the user none of the following actions;

    a) Normality test.b) Test of goodness to identify which distribution function better fits the data set.c) Use of transformation methods such as Johnson'"'"'s family of distribution.d) Knowledge of the type of the probability function (gamma, log-normal, exponential and others).e) Knowledge of the nature of the variable;

    continuous or discrete.f) Frequency table.g) Utilization of an assistant in the interface of the tool where the user provides answers to a set of questions to guide him in the utilization of the correct statistical method.

View all claims
  • 0 Assignments
Timeline View
Assignment View
    ×
    ×