Question: You have estimated a logistic regression model for one-year default probability of a company, using several macroeconomic and company-specific variables. The coefficients and most recent

You have estimated a logistic regression model for one-year default probability of a company, using several macroeconomic and company-specific variables. The coefficients and most recent parameter values for the model are listed below: Variable Coefficient Value Intercept -3.7 -- Unemployment 0.12 0.095 Leverage 1.9 0.86 NI/Assets -1.91 0.04 10yr Treasury yld 0.46 0.028 What is your model's estimated probability of default? Enter answer in percents

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!