We propose a new method for generating random correlation matrices that makes it simple
to control both location and dispersion. The method is based on a vector parameterization …

This article describes a simple and fast algorithm for generating correlation matrices (R) with
a known average correlation. The algorithm should be useful for researchers desiring …

Measurement errors are ubiquitous in all experimental sciences. Depending on the
particular experimental platform used to acquire data, different types of errors are …

We show that correlation matrices with particular average and variance of the correlation
coefficients have a notably restricted spectral structure. Applying geometric methods, we …

We study the estimation and forecast of pairwise correlations and the method for generating
random correlation matrices. In the first chapter, we introduce a new correlation estimator …