Patent Document ID: 8583695
Application ID: 11427071
Patent Status: 1

Claim One:
1. A method for generating a graph for determining the statistical significance over time of implementing a modification to a business process of a business entity, the method comprising: identifying a group within one business entity, the group comprising a plurality of distinct sub-entities of the same type; identifying a first portion of the plurality of distinct sub-entities from the group, wherein the first portion of the plurality of sub-entities is a control group that is not subject to a modification of a business process; identifying a second portion of the plurality of distinct sub-entities from the group, wherein the second portion of the plurality of sub-entities is a subject group that is subject to the modification of a business process, wherein the first portion of plurality of sub-entities from the group is distinct and separate from the second portion of the plurality of sub-entities from the group; implementing the modification of a business process of the second portion of the plurality of sub-entities from the group over a predetermined period of time; measuring a result of the implementing the modification of the business process of the second portion over the predetermined period of time, wherein at least one of revenue, profit, and/or market share of the second portion of the plurality of sub-entities is measured over the predetermined period of time; receiving data associated with the performance of the second portion of the plurality of sub-entities over the predetermined period of time; receiving data associated with the performance of the first portion of the plurality of sub-entities from the group over the predetermined period of time that was not subject to the modification; determining, by a computing device, an area of common performance over the period of time for the first portion of the plurality of sub-entities from the group based at least partially on the received data associated with the performance of the first portion of the plurality of sub-entities over the predetermined period of time, wherein the determined area of common performance relates to at least one of a revenue, profit, and/or market share of the first portion over the predetermined period of time, the determining the area of common performance comprising: a) calculating a mean value for the first portion of the plurality of sub-entities based on the data associated with the performance of the first portion, b) identifying an adequate confidence factor, c) calculating a confidence interval for the first portion of the plurality of sub-entities based at least partially on the calculated mean value for the first portion and the identified confidence factor, d) plotting the mean value for the first portion, and e) plotting the confidence interval associated with the plotted mean value, wherein the area of common performance is defined by an upper limit of the plotted confidence interval and a lower limit of the plotted confidence interval over the predetermined period of time; plotting data points associated with the received data associated with the performance of the second portion of the plurality of sub-entities over the predetermined period of time, wherein the plotted data points relate to at least one of the measured revenue, profit, and/or market share of the second portion of the plurality of sub-entities over the predetermined period of time; merging, by a computing device, onto one graph 1) the determined area of common performance relating at least to one of a revenue, profit, and/or market share of the first portion over the predetermined period of time for the first portion of the plurality of sub-entities from the group and 2) the plotted data points relating at least to one of a revenue, profit, and/or market share of the second portion of the plurality of sub-entities from the group over the predetermined period of time; and displaying, via a graphical user interface, the one graph comprising the determined area of common performance of the first portion of the plurality of sub-entities from the group and the plotted data points of the second portion of the plurality of sub-entities from the group over the predetermined period of time, wherein the one graph shows a comparison of data associated with the first portion to data associated with the second portion and a statistical significance of implementing the modification of the business process of the second portion of the plurality of sub-entities over the predetermined period of time.