Interactive color confidence indicators for statistical data
First Claim
1. A computer implemented method for interactively manipulating probabilistic distributions, comprising the steps of:
- collecting a user profile with stated goals relative to data about which probabilistic distributions exist;
simulating the future performance of the selected data with historical data;
calculating the likelihood of meeting the stated goals using the probabilistic distributions in response to movements of an interactive user operated control; and
iteratively generating the results to the user as a confidence level indicator.
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Abstract
A computer interface system that includes interactive interface controls as well as aural and kinetic interface controls to assist in educating a user, in profiling a user, and in controlling and monitoring the implementation of actions involving probabilistic distributions. The system allows the user to indicate, either directly or indirectly, a confidence level that he or she desires for actions such as investments, as well as other characteristics and constraints. The user is able to manipulate the interface controls to evaluate results in terms of confidence and risk. If the user approves the results and his or her profile, in a preferred embodiment the selections are transmitted to effectuate an action.
235 Citations
14 Claims
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1. A computer implemented method for interactively manipulating probabilistic distributions, comprising the steps of:
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collecting a user profile with stated goals relative to data about which probabilistic distributions exist; simulating the future performance of the selected data with historical data; calculating the likelihood of meeting the stated goals using the probabilistic distributions in response to movements of an interactive user operated control; and iteratively generating the results to the user as a confidence level indicator. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A computer implemented system for interactively manipulating probabilistic distributions, comprising:
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an input device for collecting a user profile with stated goals relative to data about which probabilistic distributions exist; a computer program for simulating the future performance of the selected data with historical data; a second computer program for calculating the likelihood of meeting the stated goals using the probabilistic distributions in response to movements of an interactive user operated control; and a display for iteratively generating the results in a continual manner so that immediate feedback is displayed to the user as a confidence level indicator.
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Specification