What is it about?
This article derives a new coefficient of relationship of two symmetric alpha-stable variables when alpha in the interval (1,2] based on covariation. Its numerical value ranges from −1 to +1.
Featured Image
Why is it important?
In statistics the relationship between two random variables is measured by covariance or correlation. However for non-Gaussian stable distributions when α < 2 the covariance or correlation is not defined.
Read the Original
This page is a summary of: Coefficient of relationship for two symmetric alpha-stable variables when alpha is in the interval (1,2], Communication in Statistics- Theory and Methods, July 2016, Taylor & Francis,
DOI: 10.1080/03610926.2015.1137599.
You can read the full text:
Contributors
The following have contributed to this page
