iomtt6076
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I'd appreciate it if someone could help clear up something I'm not understanding in a textbook I'm studying:
Given a copula C(u,v), we have [tex]P(U\leq u)=C(u,1)=u[/tex].
But why isn't it [tex]P(U\leq u)=C(u,\infty)=u[/tex]? Isn't it true that [tex]C_U(u)=P(U\leq u)=\lim_{v\to\infty}C(u,v)[/tex]?
Given a copula C(u,v), we have [tex]P(U\leq u)=C(u,1)=u[/tex].
But why isn't it [tex]P(U\leq u)=C(u,\infty)=u[/tex]? Isn't it true that [tex]C_U(u)=P(U\leq u)=\lim_{v\to\infty}C(u,v)[/tex]?