Question 1: Review the article and see the way they tested the models to predict bankruptcy
Article - Are hazard models superior to traditional bankruptcy prediction approaches? A comprehensive test
Question 2: check the the scores and calculations then assess prediction failure using formula in article.
Question 3: test the content using the formula in the article 4. using ROC curve to assess the power of prediction All in excel.
Attachment:- Bankruptcy mapping with capital loss report.rar