What is meant by the intensity parameter in the Poisson process?
What will be an ideal response?
The intensity parameter (given by? in the Poisson process) refers to the probability of default over a small time period. More specifically, default intensity at time t is the conditional probability of default per unit time given that the corporation has not previously defaulted.
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The Uniform Crime Reporting Program data includes information from all of the following sources with the exception of ______.
a. local b. state c. federal d. international
Which of the following activities will cause a limited partner to lose his limited liability?
A) Voting on amendments to the limited partnership agreement B) Being an employee of the limited partnership C) Voting on the dissolution of the limited partnership D) Helping with the management of the limited partnership E) Acting as a surety for the limited partnership