credit-scoring

Learning Objectives: Compare the credit scoring system to the credit rating system in assessing credit quality and describe the different types of each system. Distinguish between through-the-cycle and point-in-time credit rating systems. Describe the process for developing credit risk scoring...

Hi @David Harper CFA FRM I am not able to understand below graph completely. I do understand the curve of the model and why it is upward sloping but at a decreasing rate. The curve of our model is increasing at a decreasing rate. This is so because it's cumulative distribution curve. If we...