Find out how analytics, from data mining to cognitive computing, is changing the way we do business
Simulate correlated variables by using the Iman-Conover transformation
Simulating univariate data is relatively easy. Simulating multivariate data is much harder. The main difficulty is to generate variables that have given univariate distributions but also are correlated with each other according to a specified correlation matrix. However, Iman and Conover (1982, "A distribution-free approach to inducing rank correlation among
