Wednesday, May 10, 2006

I tried to post this yesterday afternoon

In trying to determine if a particular data item is an amount or a percentage, I've just been looking at its definition:

The PD is the propensity for a customer to be unwilling or unable to pay their account and clear the debt. This is the raw output from the PD Loss Model prior to any post-model adjustments having been applied.

I understood this to mean that it can be found at the back of the fridge. This didn’t seem strange until I looked at the attribute on the data model again, wondering how I was going to change its name to reflect its definition.

I must be very tired!

Yes, I was up very late last night trying to sort out my laptop. Getting there but not quite there yet.


Blogger nyasha said...

you lost me at "propensity". Let me get my first coffee of today and my head might be able to comprehend what a PD Loss Model is. It is too early in the morning Nomad :)

8:33 am  
Blogger kyknoord said...

The acid test is "are elephant jokes hilarious?". If the answer is "yes", then you are indeed very tired.

9:48 am  
Blogger Reluctant Nomad said...

coffee addict: why would you be mad enough to want to understand that rubbish? Unless you're in charge of credit risk at a bank, of course.

kyknoord: I absolutely love elephant jokes! Maybe I'm tired all the time?

10:03 am  
Blogger Gay banker said...

Hmmmm, this sounds like BIS2 to me Reluctant Nomdad. In which case I thought PD=Probability of Default? There's also LGD of course, i.e. Loss Given Default, not Large Gay Dildo ... !

GB x

7:54 am  

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