what is meant by ratio average
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Abstract. The estimate of a Multiperiod probability of default applied to residential mortgages can be obtained using the mean of the observed default, so called the Meanof ratios estimator, or aggregating the default and the issued mortgages and computing the ratio of their sum, that is the Ratio of means.
venuarvind:
it is not clear
the whole stuff is actually vague
Answered by
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The estimate of a Multiperiod probability of default applied to residential mortgages can be obtained using the mean of the observed default, so called the Meanof ratiosestimator, or aggregating the default and the issued mortgages and computing the ratioof their sum, that is the Ratio of means.
I hope it will help u....
I hope it will help u....
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sis
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