New method predicts extreme events with unprecedented accuracy.
The article discusses how to model relationships between different variables using a mathematical tool called Copulas. It explores various types of Copulas and their properties, such as how variables are related in extreme situations. The researchers looked at different ways to construct Copulas and identified specific families of Copulas that can be used for different types of data. Overall, the study aims to help understand and analyze complex relationships between variables in a clear and structured manner.