- Türkiye İstatistik Derneği Dergisi
- Vol: 14 Issue: 1
- A Compound Positively Dependent Farlie-Gumbel-Morgenstern Bivariate Copula
A Compound Positively Dependent Farlie-Gumbel-Morgenstern Bivariate Copula
Authors : Selim Orhun Susam
Pages : 11-16
View : 10 | Download : 5
Publication Date : 2022-07-31
Article Type : Research
Abstract :In this study, we propose a two parameter Farlie-Gumbel-Morgenstern (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