A Compound Positively Dependent Farlie-Gumbel-Morgenstern Bivariate Copula

Authors : Selim Orhun SUSAM

Pages : 11-16

View : 18 | Download : 9

Publication Date : 2022-07-31

Article Type : Research Paper

Abstract :In this study, we propose a two parameter Farlie-Gumbel-Morgenstern insert ignore into journalissuearticles values(FGM); copula that maintains membership in the family in a way while adding the extra dependence parameter to the model by using the compound method. Also, we assess the performance of the new compound FGM copula among all the most used two-parameter families of FGM copulas. The new copula performs best for the real data having moderate dependence structure.
Keywords : Copula, compound disribution, fgm copula