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Inducing Any Feasible Level of Correlation to Bivariate Data With Any Marginals

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  • Hakan Demirtas

Abstract

A simple sorting approach for inducing any desired Pearson or Spearman correlation to independent bivariate data, whose marginals can be of any distributional type and nature is described and illustrated through examples that span a broad range of situations. The proposed method has substantial potential in simulated settings that involve random number generation.

Suggested Citation

  • Hakan Demirtas, 2019. "Inducing Any Feasible Level of Correlation to Bivariate Data With Any Marginals," The American Statistician, Taylor & Francis Journals, vol. 73(3), pages 273-277, July.
    • Handle: RePEc:taf:amstat:v:73:y:2019:i:3:p:273-277
    DOI: 10.1080/00031305.2017.1379438
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    Cited by:

    1. Alessandro Barbiero, 2021. "Inducing a desired value of correlation between two point-scale variables: a two-step procedure using copulas," AStA Advances in Statistical Analysis, Springer;German Statistical Society, vol. 105(2), pages 307-334, June.

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