Optimized parametric modeling system and method

A system for enabling optimization of a parametric modeling process, the system comprising:

• a processor;
• an interface for allowing at least one user input;
• and
• a regression analysis tree program executable by the processor, the regression analysis tree program operating to:
• build a tree in accordance with the at least one user input by using a modified forward stepwise regression process to select at least one attribute from the plurality of attributes;
• and
• perform regression analysis to calculate at least one regression result for an attribute subset in a tree branch when the tree branch is in compliance with at least one criterion and the attribute subset has not been previously analyzed.

Apparatus for enabling optimization of a parametric modeling process, the apparatus comprising:

• a module for implementing an interface, the interface allowing at least one user input;
• a module for receiving a plurality of attributes;
• a module for building a tree in accordance with the at least one user input by using a modified forward stepwise regression process to select at least one attribute from the plurality of attributes;
• and
• a module for performing regression analysis to calculate at least one regression result for an attribute subset in a tree branch when the tree branch is in compliance with at least one criterion and the attribute subset has not been previously analyzed.