Difference between revisions of "Pareto"
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[[Category:Doc Status C]] <!-- For Lumina use, do not change --> | [[Category:Doc Status C]] <!-- For Lumina use, do not change --> | ||
| − | = Pareto(a,b) = | + | == Pareto(a, b) == |
The Pareto distribution. | The Pareto distribution. | ||
| + | |||
The "classic" use of the Pareto distribution is to model the distribution of wealth in a society, under an assumption that a smaller percentage of the people own a larger percentage of the wealth (e.g., 20% of the population control 80% of the wealth). | The "classic" use of the Pareto distribution is to model the distribution of wealth in a society, under an assumption that a smaller percentage of the people own a larger percentage of the wealth (e.g., 20% of the population control 80% of the wealth). | ||
The Pareto distribution is appropriate for a variety of "population" models. Examples: The size of objects in a population (e.g., grains of sand), value of assets in a collection of assets, file sizes, word frequencies, number of acquaintances of a given person, etc. | The Pareto distribution is appropriate for a variety of "population" models. Examples: The size of objects in a population (e.g., grains of sand), value of assets in a collection of assets, file sizes, word frequencies, number of acquaintances of a given person, etc. | ||
| − | = Library = | + | == Library == |
| − | |||
Distribution Variations.ana | Distribution Variations.ana | ||
''You must use '''Add Library...''' and select this library before using [[Pareto]](..).'' | ''You must use '''Add Library...''' and select this library before using [[Pareto]](..).'' | ||
| + | |||
| + | ==See Also== | ||
| + | * [[Normal]] | ||
| + | * [[Gaussian]] | ||
| + | * [[Distribution Densities Library]] | ||
Revision as of 01:20, 28 January 2016
Pareto(a, b)
The Pareto distribution.
The "classic" use of the Pareto distribution is to model the distribution of wealth in a society, under an assumption that a smaller percentage of the people own a larger percentage of the wealth (e.g., 20% of the population control 80% of the wealth).
The Pareto distribution is appropriate for a variety of "population" models. Examples: The size of objects in a population (e.g., grains of sand), value of assets in a collection of assets, file sizes, word frequencies, number of acquaintances of a given person, etc.
Library
Distribution Variations.ana
You must use Add Library... and select this library before using Pareto(..).
See Also
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