If we estimate a regression and find: E(Y/ X) = 0.37 + 0.82X, a 1% change in
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If we estimate a regression and find: E(Y/ X) = 0.37 + 0.82X, a 1% change in X (say default rates) is expected to lead to what percentage change in Y (say LGD). Given X = 4%, what will be the value of Y?
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Related Book For
Basic Statistics For Risk Management In Banks And Financial Institutions
ISBN: 9780192849014
1st Edition
Authors: Arindam Bandyopadhyay
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