Hello Everyone, There are two families of Pareto Distribution 1. location scale (2 parameters) (a)*(k^a)*X^(-a-1) 2. scale (1 parameter) (a)*X^(-a-1) when do we use these families of pareto distribution. Please explain this with the help of an example.
Thanks Faisal . . ================================================================= Instructions for joining and leaving this list, remarks about the problem of INAPPROPRIATE MESSAGES, and archives are available at: . http://jse.stat.ncsu.edu/ . =================================================================
