Automated system for statistically analyzing data characteristic

Boots – shoes – and leggings

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

G06F 1521, G06F 720, G06F 724

Patent

active

049377426

ABSTRACT:
A manufacturer's discount coupon redemption system and method provide for the automated statistical analysis of coupon shipment data characteristics in order to identify coupon shipment parametric abnormalities. Allowable ranges for preselected coupon shipment data characteristics are established and are automatically updated. Data characteristics associated with each coupon shipment are compared to the allowable ranges to identify instances of coupon shipment parametric abnormalities, that is, data characteristics that fall outside of the allowable ranges. Those coupon shipments that exhibit parametric abnormalities are segregated for further review and evaluation. The system and method utilize an operational knowledge base in which data characteristics of interest associated with a plurality of previously processed coupon shipments from a plurality of retail stores are stored and used as an information base to statistically derive the allowable ranges against which the data characteristics of new coupon shipments are compared. Periodically, at least a portion of the information stored in the operational knowledge base is replaced with data characteristics associated with more recently processed coupon shipments. Ultimately, the system and method result in a decision either to pay the submitting retail stores for their coupon shipments or to deny payment or to refer the payment decision to the involved manufacturers. In addition, the information identified and utilized in the system and method may be used to provide extensive financial and marketing information services.

REFERENCES:
patent: 4382277 (1983-05-01), Glaser et al.
patent: 4554446 (1985-11-01), Murphy et al.
patent: 4595982 (1986-06-01), Burt
patent: 4648044 (1987-03-01), Hardy et al.
Baker, B. "Psychological profile: Probing Killer's Mind", Los Angeles Times, Metro Section, Aug. 29, 1985, p. 1, part 2, column 1.
U.S. Congress, Office of Technology Assessment, Federal Government Information Technology: Electronic Record Systems and Individual Privacy, OTA-CIT-296 (Washington, D.C. U.S. Government Printing Office, Jun. 1986), 86-95.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Automated system for statistically analyzing data characteristic does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Automated system for statistically analyzing data characteristic, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Automated system for statistically analyzing data characteristic will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-1129769

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.