Method and System for Predictive Modeling of Geographic Income Distribution

Patent №

US 11,468,352

Granted

2022-10-11

Filed 2018

Owner

ADP, LLC

Lab

AI components

2

ml · kr

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

16194715

A method, computer system, and computer program product that aggregates sample data regarding a plurality of factors associated with income and geographic location; performs iterative analysis on the sample data using machine learning to construct a predictive model; populates, using the predictive model, a database with predicted values of average income for a selected set of predefined geographic regions; converts the predicted values of average income in the database into percentages of observed values of average income for geographic regions within the selected set over a specified time period to create indices of average income; and rank orders the regions within the selected set according to their indices of average income.

Machine learningKnowledge representationG06N 3/006G06N 7/00G06F 16/29G06F 17/18G06N 3/08G06N 3/09G06N 3/092G06N 3/0985+9 more

AI classification

Machine learning1.00
Knowledge representation0.86
Planning0.15
Natural language0.07
AI hardware0.05
Evolutionary computation0.03
Vision0.01
Speech0.00

Ownership

ADP, LLC

assignment · 475380386

Assignors

NEWMAN, KURT D., GHOSH, DEBASHIS, COLE, RAMSAY

On an employer assignment, the assignors are typically the inventors.

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