Saturday, January 28, 2017

Randomness is humans inability to identify relevant events and interpret dependency.

Patterns originates from events. Events are related. Randomness is humans inability to identify relevant events and interpret dependency.

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R3 chase - Pursuit

BCR Approach for Regulatory Reporting (PD in Low-Default Portfolios)

Attached : Excel workbook with full BCR implementation (macro-driven, quarterly defaults, confidence intervals, and model diagnostics) https...