exp_loss: Expected value of loss amount per business day.

Description Usage Arguments Value References Examples

View source: R/exp_loss.R

Description

Expected value of loss amount per business day.

Usage

1
exp_loss(average.consult, prob.hire, average.ticket, language = "en")

Arguments

average.consult

Average number of mensal credit bureau consultations.

prob.hire

(Historical) probability of hiring. Can be considered as the number of converted customers divided by the number of credit bureau consultations in a period of time.

average.ticket

The average ticket of regular customers.

Value

$expected.value Expected value of loss amount per business day of negative credit bureau attribution.

$text An automatic text that details the $expected.value.

References

Feller, W. (1957) An Introduction to Probability Theory and its Applications.

Examples

1
2
library(jurimetrics)
exp_loss(1000, 0.1, 3450)

IsmaelRohrig/Jurimetria documentation built on Nov. 23, 2019, 12:02 a.m.