In Microsoft Excel, using a scatter chart allows you to plot the data points against the probability of achieving each observed data point.

Backtesting of a probability of default model in the point-in-time–through-the-cycle context Mark Rubtsov Need to know We claim PD model correctness is equivalent to unbiasedness; given unbiasedness, ...

In another sign that the U.S. economy is headed for a rough landing, leveraged loans’ and high yield bonds’ probability of default and actual defaults continue to rise. As I have written about ...