“…The main purpose of this study is to investigate and test whether the accuracy of probabilistic credit risk assessment of corporates, evaluated with logistic regression, can be improved using soft and hard data modeling, followed by soft-hard data fusion, in particular using Uncertainty Balance Principle. In literature one can find various methods on how to integrate fuzzy and random data in meaningful ways [34][35][36]53], as well as about the area of "random fuzzy sets" and "fuzzy random variables", as well as various "fuzzy" applications [e.g., 1-2, 5, 11-20, 22-24, 33, 37, 39-45, 47-52]. However, this study does not deal with aforementioned.…”