A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2018; you can also visit the original URL.
The file type is
This paper studies the effectiveness of the Multivariate Kurtosis in comparing the Clayton Copula and the Farleigh-Gumbel-Morgenstern Copula in modeling when the actual populations follow either the bivariate exponential distribution or the bivariate normal distribution. The study shows that the Multivariate Kurtosis (as defined by Mardia) is a very effective tool in comparing Copulas and that Farleigh-Gumbel-Morgenstern Copula is slightly more accurate than the Clayton Copula for modeling.doi:10.5539/ijsp.v5n4p67 fatcat:7pmesn64c5aahhvn4zvuqr7ez4