Table 3
Bivariate Archimedean Copula functions for fitting joint distribution
| Copula function | Joint distribution function | Parameter |
|---|---|---|
| Gumbel–Hougaard (GH) |  | a  |
| Frank |  |  |
| Clayton |  |   |
| Copula function | Joint distribution function | Parameter |
|---|---|---|
| Gumbel–Hougaard (GH) | | a |
| Frank | | |
| Clayton | | |
aτ is the Kendall's coefficient.