Abstract: This disclosure solves various technological problems referenced above by enabling various improvements to functioning of computers (e.g., software wizards) where the second person is computationally enabled to enter the set of negative preferences to be included in the set of answers based on which the customized proposal report is generated by the application program, especially when the set of questions or the set of questions has the logical hierarchy or the informational interdependency.

Abstract: A system, method, and computer program product for modeling a risk are provided. An equalizer and an equalizer backend model portfolio risk based on a scenario generated by the equalizer. A scenario includes an active factor, a passive factor, and a change in an active factor level. To model portfolio risk, the equalizer backend uses two-tiered regression analysis. In the first regression, the equalizer backend regresses the passive factor against the active factor and determines changes in a passive factor level. In the second regression, the equalizer backend regresses the changes in the passive and active factor levels against positions in the portfolio that models portfolio risk. The equalizer displays the modeled portfolio risk.