Describe how a linear discriminant analysis model works. Identify and discuss the criticisms which have been made

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Describe how a linear discriminant analysis model works. Identify and discuss the criticisms which have been made regarding the use of this type of model to make credit risk evaluations.

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Question Posted: Dec 17, 2015 04:50 AM

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Describe how a linear discriminant analysis model works. Identify and discuss the criticisms which have been made

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Linear discriminant models divide borrowers into high or low default classes contingent on their obs...View the full answer

Financial Institutions Management A Risk Management Approach

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