Hello
Let's say that someone else developed a model that the response varaible is binary indicator of failure ( default) and the predictor varaibles are credit card usage behavior. I don't know exactly how the model was built and what was checked regarding credit card usage but in the bottom line for each customer I received calculated pd ( probability of default).
I received pd for customers in different times.
I was asked to check the model in different data ( data of customers from different times).
I thought to do following-
Calculate Gini coefficient for each out of time data .
Calculate 20% capture rate for each out of time data.
My question- what other checks do you recommend me to do that test the model and its stability?