Patent ID: 9665669
Date: 2017-05-30
CPC Classifications: G06F,G06Q

Claim:
1. At least one non-transitory computer-readable storage medium comprising instructions that, when executed, cause a system to: receive, at a master node of a distributed system, a compound model specification comprising frequency models severity models, and one or more adjustment functions; distribute the compound model specification to worker nodes of the distributed system, each of the worker nodes to at least generate a portion of samples for use in predicting compound distribution model estimates; generate one or more computer-simulated events for a plurality of units using a frequency model of the frequency models; generate a ground-up severity value for an event for a unit of the plurality of units using a severity model of the severity models, the unit selected at random from the plurality of units; determine an adjusted severity value based on applying at least one of the one or more adjustment functions to the ground-up severity value generated from the severity model of the severity models; generate an aggregate value based on the ground-up severity value and an adjusted aggregate value based on the adjusted severity value for the one or more computer-simulated events; predict the compound distribution model estimates based on samples determined from the aggregate value and the adjusted aggregate value; determine a total number of events to computer-simulate for the plurality of units based on summing a number of events for each of the plurality of units; determine whether the total number of events have been simulated; in response to determining the total number of events have been simulated, add the aggregate value and the adjusted aggregate value as next points in an unadjusted sample and an adjusted sample, respectively; and in response to determining the total number of events have not been simulated,