Trusted decision support system and method

A method comprising:

• selecting, by an electronic device comprising at least one processor, a data set for an application area;
• analyzing, by the electronic device comprising at least one processor, the data set based on fuzzy logic instructions;
• generating, by the electronic device comprising at least one processor, a recommended action and outcome information for the recommended action;
• and
• performing, by the electronic device comprising at least one processor, statistical analysis by a statistical analysis engine configured to be programmed with one or more models, wherein each model comprises mathematical instructions for processing the data set, wherein the mathematical instructions comprise weights to be assigned to the data set according to at least one of a source from which the data set was received or an age of the data set.

A method for performing an application specific decision support model comprising:

• identifying, by an electronic device comprising at least one processor, data sources for an application area;
• selecting, by the electronic device comprising at least one processor, variables to be searched for in each identified data source;
• assigning, by the electronic device comprising at least one processor, weights to each variable searched, wherein weights correspond to relevance of information in each data source;
• identifying, by the electronic device comprising at least one processor, instructions to apply to a search of a selected variable in an identified data source;
• conducting, by the electronic device comprising at least one processor, a correlation process, wherein a current scenario is correlated with previous scenarios;
• conducting, by the electronic device comprising at least one processor, multiple analysis on the current scenario;
• determining, by the electronic device comprising at least one processor, at least one next likely outcome or event for at least one time point;
• identifying, by the electronic device comprising at least one processor, at least one recommendation for each time point, wherein the at least one recommendation is based on the at least one next likely outcome or event;
• determining, by the electronic device comprising at least one processor, at least one potential consequence for each recommendation;
• performing, by the electronic device comprising at least one processor, an action based upon the at least one recommendation and at least one potential consequence;
• and
• storing, by the electronic device comprising at least one processor, results of the action.