Estimation Of Parameters

Answer:
library(MASS)#Question 1, Monte Carlo Bivariate T-Copula
set.seed(1)# Set seed for number sequence
dof<-10 #Degrees of freedom for the t-copula Ndim<-3#the number of risks, rsik1,rsik2 and rsik3 rho<-0.4#T-copula correlation parameter CoRMatrix<-matrix(c(1,rho,rho,rho,rho,rho,rho,rho,1),Ndim,Ndim,Ndim)# the correlation matrix formed from the 3 risks and 10 degrees of freedom of the t-copula sigma<-c(log(c(1.4,1.7,2.0...