Unlocking the Power of Copulas for Advanced Multivariate Distribution Modeling
Copulas are a method used to understand how different things are related to each other in a group. They focus only on the relationships between the things, not on the things themselves. By using copulas, we can combine different ways of looking at individual things to better understand how they are connected to each other. This helps us make use of a wide range of ways to study individual things when looking at a group of things together.