Pareto random variable
is a Pareto random variable with parameters if
,
Parameters:
Syntax:
Notes:
- 1.
represents a random variable
with shape parameter and scale parameter .
- 2.
The expected value
of is noted as with
- 3.
The variance
of is noted as ,
- 4.
The cumulative distribution function
of is noted as
- 5.
The moments of around 0 are noted as ,