OMB Individually Reported
PPI Price Tolerance Prediction
Low riskExact public inventory row
Description
Recommends price tolerance boundaries for industries based on historical and seasonal trends.
Detailed example
Predicted price tolerance boundaries.
AI / analytics pattern
Classical/Predictive Machine Learning: Models trained on data to make predictions or classifications based on identified patterns or relationships.
Automation level / stage
c) Deployed – The use case is being actively authorized or utilized to support the functions or mission of an agency.
Expected benefit
Improve statistical quality of price outlier detection.
Audit / financial statement impact
Does not meet definition in Section 5 of the appendix to OMB Memorandum M-25-21.
Controls / human review
ATO: Yes; PIA: N/A
Data needed
Agency Generated