Copulas are functions that enable the construction of multivariate probability distributions by binding together univariate marginal distributions. Central to probability theory, they allow ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

ABSTRACT The interest in climate prediction has seen a rise in the number of modeling alternatives in recent years. One way to reduce the predictive uncertainty from any such modeling procedure is to ...