July 8, 2005
Mr. Ernest D. Miller
Post Office Box 55428
Portland, OR 97238
Dear Mr. Miller
The evaluation of your invention or new product idea has been completed using thirty-
three separate criteria. This composite is designed to provide you with information
concerning the positive and negative characteristics of your idea and some measure of
its potential commercial success.
Three major areas of importance are considered in the statistical analysis of your idea;
the Critical Value Score, the Aggregate Value Score and Estimate of Success Score.
The "Critical Value Score" is composed of five of the thirty-three criteria considered.
These five are considered to be of significant importance in the marke feasibility of
your product. This score should be very high-in the 80 percent range.
The "Aggregate Value Score" is the overall total of the thirty-three criteria considered.
For the innovation to be considered any further, this score should be in the 60 percent
plus range.
The "Estimate of Success" Score is an estimate regarding the possibility of success for
your idea or product in the marketplace. This score should be in the 60 percent range.
In order for a product to be considered as a serious candidate in the marketplace, it
should score high on all three statistical tests. Your product received the following
scores:
Critical Value Score............................... 88%
Aggregate Value Score.......................... 80%
Estimate of Success Score...................... 78%
Thank you for the opportunity to evaluate your new idea.
Sincerely,
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