Data processing: financial – business practice – management – or co – For cost/price
Patent
1996-01-30
2000-03-14
Cosimano, Edward R.
Data processing: financial, business practice, management, or co
For cost/price
705 1, G06F 1760
Patent
active
060385545
ABSTRACT:
Non-Subjective Valuing.COPYRGT. is a computer-assisted valuing system for discovering both an entity's actual current societal monetary value and its contemporary monetary worth specifically to the inquiring individual person, group or corporation, providing a user with such target entity's retail and wholesale prices along with its true worth and specific value to the explorer, employing as yardstick the NORM, which is the hypothetical unit in any group that is accurately calculated to be both precisely average in every one of its collectively discoverable characteristics and its price, to which NORM yardstick the present invention compares any test unit in that group on a natural, quantified point basis to obtain such precise current monetary worth of any such test unit, employing a specially conceived, designed and explained organic application of inductive statistics, accurate sampling, central tendency, and statistical inference, for calculating; drawing scientifically valid conclusions about surveying a constantly and factually representative community (such as the United States, 1999, for example), combined with certain new discoveries and unique, novel processes, as set forth herein, enabling Non-Subjective Valuing.COPYRGT. instantly and conclusively to empower a prospective trader objectively to compare the contemporary monetary values of any and all competing units in or out of any probed group, regardless of such competing units' respective current prices.
REFERENCES:
patent: 4191472 (1980-03-01), Mason
patent: 4464122 (1984-08-01), Fuller et al.
patent: 5083270 (1992-01-01), Gross et al.
patent: 5857174 (1999-01-01), Dugan
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