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The problem of selecting a prior distribution when it comes to Bayes estimation often constitutes a choice between conjugate or noninformative priors, since in both cases the resulting posterior Bayes estimator (PBE) can be solved analytically and is therefore easy to calculate. Nevertheless,...
Persistent link: https://www.econbiz.de/10010399846
A new kind of entropy will be introduced generalizing both the differential entropy and the cumulative (residual) entropy. The generalization is twofold. Firstly, we define the entropy for cumulative distribution functions (cdf) and survivor functions (sf) simultaneously instead of densities,...
Persistent link: https://www.econbiz.de/10011300742
This paper introduces a copula based multivariate rank test for independence extending existing approaches from literature to p dimensions. Then, a multiparametric p-dimensional generalization of the FGM copula is provided that can model the behavior in each vertex of the p-dimensional unit cube...
Persistent link: https://www.econbiz.de/10011620420