Difference between revisions of "Pareto"
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Revision as of 02:24, 25 April 2007
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.
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Distribution Variations.ana
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