Patents by Inventor James Foley Wright

James Foley Wright has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method for performing monte carlo risk analysis of business scenarios
    Publication number: 20040073505
    Abstract: The present invention uses Monte Carlo simulation techniques to evaluate the risk of business scenarios. A method of angular approximations (Gaussangular distributions™) is used to simulate symmetrical and unsymmetrical bell-shaped, triangular, and mesa-type distributions that fit data required by the metrics in the Monte Carlo calculation. The mathematical functionality of these Gaussangular distributions is comprised of their extremes, the most likely value, and a variable analogous to its standard deviation.
    Type: Application
    Filed: October 9, 2002
    Publication date: April 15, 2004
    Inventor: James Foley Wright