Multivariate non-normal distributions and models of dependency
Multivariate non-normal distributions and models of dependency
The univariate and multivariate normal distributions play a central role in statistical modeling.However, there are many natural phenomena that do not behave according to the normal law.In particular, there is a need to model multivariate binomial, Poisson, exponential, gamma, and beta distributions, for example.There are many ways to create bivariate …