For the Pareto distribution show (a) R 1 f x j , dx 1 (b) F x j , 1 x , x (c) E X 1 (d) var X 2 (1)2 (2) ...

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For the Pareto distribution show (a) R 1 f x j , dx

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For the Pareto distribution show

(a)

R 1

¯ f

x j ®,¯

dx Æ 1.

(b) F

x j ®,¯

Æ 1¡

¯®

x® , x ¸ ¯.

(c) E[X] Æ

®¯

®¡1

(d) var[X] Æ

®¯2

(®¡1)2 (®¡2)

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Probability And Statistics For Economists

ISBN: 9780691235943

1st Edition

Authors: Bruce Hansen

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Question Posted: Sep 23, 2024 07:00 AM

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Probability And Statistics For Economists

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