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This package has two methods as specified below. The methods both calculate expected loss, one for single calculations and the other for full dataframes.
expectedloss_single Calculates Expected Loss for single values and takes: PD, LGD and EAD as parameters.
expectedloss_dataframe Calculates Expected Loss for a whole dataframe. The expected parameter is a dataframe. For the calculation to be successfull the dataframe needs to contain “pd”, “lgd” and “ead” as column names.
Please try and any feedback is very welcome for future releases!
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