Nonparametric methods provide a flexible framework for estimating the probability density function of random variables without imposing a strict parametric model. By relying directly on observed data, ...

Estimation of probability of default (PD), loss given default and exposure at default for portfolio segments containing reasonably homogeneous assets is essential for prudent risk management as well ...

This is a preview. Log in through your library . Abstract Weighted distributions can be used to fit various forms of resource selection probability functions (RSPF) under the useversus-available study ...

A common technique for eliciting subjective probabilities is to provide a set of exclusive and exhaustive events and ask the assessor to estimate the probabilities of such events. However, such ...

According to a group of mathematics researchers, the probability in the following decade of the sun causing a storm strong enough to affect electrical and communication infrastructures around the ...

Common ordinal models, including the ordered logit model and the continuation ratio model, are formulated by a common score (ie, a linear combination of given explanatory variables) plus rank-specific ...