Using a mixture model to generate simulated transaction information
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United States of America Patent
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Jun 23, 2020
Grant Date -
Dec 20, 2018
app pub date -
Jun 19, 2017
filing date -
Jun 19, 2017
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Abstract
A device may obtain, for a set of transactions, a set of transaction values associated with a particular industry. The device may determine one or more sample statistical distributions for a probabilistic transaction model by using one or more machine learning techniques. The one or more sample statistical distributions may be similar to one or more actual statistical distributions that are associated with the set of transaction values. The device may generate simulated transaction information using the probabilistic transaction model. The device may perform one or more actions after generating the simulated transaction information.
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