👉 In mathematics, a copula is a mathematical function that represents the joint cumulative distribution functions (CDFs) of several random variables. Copulas are widely used in areas such as finance, engineering, and probability theory to model relationships between dependent random variables. Copulas can be defined using various types of distributions, including normal, exponential, gamma, beta, and other families of distributions. The main goal is to create a joint distribution that captures the dependence among the random variables, with each variable having a
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