Appeal No. 1999-2609
Application No. 08/730,289
BACKGROUND
The appellants’ invention relates to a method for combining house price forecasts.
An understanding of the invention can be derived from a reading of exemplary claim 1,
which is reproduced below.
1. A method of estimating the value of a real estate entity comprising
the steps, performed by a data processor, of:
accessing real estate data and a plurality of predictive models;
forming a plurality of estimates for the value of the real estate entity
based on the predictive models;
selecting a plurality of best estimates according to a predetermined
criteria;
converting the best estimates into weighted estimates according to
the predetermined criteria; and
combining the weighted estimates into a final estimate for the value
of the real estate entity.
No prior art references of record are relied upon by the examiner in rejecting the
appealed claims.
Claims 1-20 stand rejected under 35 U.S.C. § 101 as being directed to nonstatutory
subject matter, i.e. an abstract idea without limitation to a practical application.
Rather than reiterate the conflicting viewpoints advanced by the examiner and the
appellants regarding the above-noted rejections, we make reference to the examiner's
2
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