Trust Rating Metric for Future Event Prediction of an Outcome

摘要

In at least one embodiment, a trust rating system and method provide a precise and accurate, structured (yet adaptable and flexible), quantifying way of expressing historical trustworthiness so the user or decision maker can make more informed decisions on the data or information being evaluated.

主权项

1. A method for generating a trust factor indicator based on historical performance the method comprising the steps of:
determining an objective historically based prediction accuracy measure; determining an objective historically based prediction bias measure; normalizing each of the accuracy measure and bias measure to generate respective normalized accuracy measure and normalized bias measure; and combining the normalized accuracy measure and normalized bias measure to generate a trust factor indicator.