Difference between revisions of "Pareto"

 
 
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= Pareto(a,b) =
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[[Category:Distribution Functions]]
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[[Category:Semi-bounded distributions]]
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[[Category:Continuous distributions]]
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[[Category:Univariate distributions]]
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[[Category: Distribution Variations library functions]]
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== Pareto(a, b) ==
  
 
The Pareto distribution.   
 
The Pareto distribution.   
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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 =
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== Library ==
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Distribution Variations library  ([[media:Distribution Variations.ana|Distribution Variations.ana]])
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:Use [[File menu|File]] → '''Add Library...''' to add this library
  
Distribution Variations.ana
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==See Also==
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* [[media:Distribution Variations.ana | Distribution Variations.ana]]
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* [[Normal]]
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* [[Gaussian]]
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* [[Distribution Densities Library]]

Latest 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)

Use FileAdd Library... to add this library

See Also

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