Difference between revisions of "Pareto"
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+ | [[Category:Univariate distributions]] | ||
[[Category: Distribution Variations library functions]] | [[Category: Distribution Variations library functions]] | ||
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[[Category:Doc Status C]] <!-- For Lumina use, do not change --> | [[Category:Doc Status C]] <!-- For Lumina use, do not change --> |
Revision as of 19:23, 14 February 2025
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 library (Distribution Variations.ana)
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See Also
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