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Ranking Analysis for Expectation of Binary Outcomes. A Bayesian Approach 124 e che la necessità diTechnical Report from the year 2017 in the subject Economics Statistics and Methods, , language: English, abstract: The estimation and grading of customer Probability of Default (PD) using a firm wide master scale for internal portfolios is a well established procedure in many financial institutions. However, there are often discussions within the institutions about the comparison between the grade PDs, the portfolio average PD calculated across