• DocumentCode
    2362089
  • Title

    An expert system for reviewing commodity substitutions in the consumer price index

  • Author

    Conrad, Frederick ; Kamalich, Richard ; Longacre, James ; Barry, David

  • Author_Institution
    US Bureau of Labor Stat., USA
  • fYear
    1993
  • fDate
    1-5 Mar 1993
  • Firstpage
    299
  • Lastpage
    305
  • Abstract
    An expert system is being developed to help assure the quality of data in the consumer price index (CPI). The system replicates the reasoning of commodity analysis, determining if a substitute product is comparable to a product priced in the previous month. If comparable, its price can be considered in producing the CPI. The system reasons with expertise directly entered by commodity analysts. To help the commodity analysts serve as their own knowledge engineers, they are provided with a skeletal system to which they add their knowledge of particular product categories. The system was tested on six months of CPI data. Results indicate that commodity analysts can accurately encode their own expertise and use the technology to detect their own oversights. A primary function of the project is to document and refine analyst expertise that is otherwise implicit. This makes the knowledge permanent and represents it in a way that allows it to be applied consistently
  • Keywords
    economics; expert systems; financial data processing; commodity analysis; commodity substitutions; consumer price index; data quality; expert system; expertise encoding; oversights; permanent knowledge; product categories; skeletal system; Agriculture; Expert systems; Government; Knowledge engineering; Medical services; Performance analysis; Software performance; Software systems; Statistics; System testing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Artificial Intelligence for Applications, 1993. Proceedings., Ninth Conference on
  • Conference_Location
    Orlando, FL
  • Print_ISBN
    0-8186-3840-0
  • Type

    conf

  • DOI
    10.1109/CAIA.1993.366596
  • Filename
    366596