Automotive Deals HPCC Amazon Fashion Learn more Discover it Crown the Empire Fire TV Stick Happy Belly Coffee Handmade school supplies Shop-by-Room Amazon Cash Back Offer showtimemulti showtimemulti showtimemulti  Amazon Echo  Echo Dot  Amazon Tap  Echo Dot  Amazon Tap  Amazon Echo Introducing new colors All-New Kindle Oasis Segway miniPro

Sort: Oldest first | Newest first
Showing 1-1 of 1 posts in this discussion
Initial post: Aug 22, 2013 10:50:52 AM PDT
I did not understand how the 0.12% number, which is the forecasted probability of default of a particular AAA rated CDO, is compared to the 28% number, which, I believe, is the ratio of the number of AAA rated CDOs that actually defaulted to the total number of AAA rated CDOs over some 5 year period. Doesn't using the second number to test the first one assume independence between the different CDOs? Would P(AAA|Default) be a better measure than P(Default|AAA) in this case?
‹ Previous 1 Next ›
[Add comment]
Add your own message to the discussion
To insert a product link use the format: [[ASIN:ASIN product-title]] (What's this?)
Prompts for sign-in


This discussion

Participants:  1
Total posts:  1
Initial post:  Aug 22, 2013
Latest post:  Aug 22, 2013

New! Receive e-mail when new posts are made.
Tracked by 1 customer

Search Customer Discussions
This discussion is about