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Need help with this problem Question 4. The Pareto distribution is given by kok (2) p(x; k, b) = k-1 O x 1, find E(x).
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Question 4. The Pareto distribution is given by kok (2) p(x; k, b) = k-1 O x 1, find E(x). b) Take the limit as k approaches 1 from the right. What can you say about E(x) when k = 1? b) Assume k > 2 and find E(x2)Step by Step Solution
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