One of the weaknesses of estimating expected default rates is that the analysis is based on historic data.

Name: One of the weaknesses of estimating expected default rates is that the analysis is based on historic data.
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Estimating expected default rates is based on historical data, which may not reflect current or future economic conditions, changes in market trends, or shifts in borrower behavior. As such, there is a risk that the estimated default rates may not be accurate or reliable.

One of the Weaknesses of Estimating Expected Default Rates Is