Let X be a random variable from the Pareto distribution with probability density function {(=10) = { ** 2º 0x-(0+1), 0, x > 2, x < 2, where 0 > 2 is unknown.

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Let X be a random variable from the Pareto distribution with probability density function
2º 0x-(0+1),
0,
x > 2,
x < 2,
f(x|0) =
where 0 > 2 is unknown.
Transcribed Image Text:Let X be a random variable from the Pareto distribution with probability density function 2º 0x-(0+1), 0, x > 2, x < 2, f(x|0) = where 0 > 2 is unknown.
(a) Find E(X) and var(X).
Transcribed Image Text:(a) Find E(X) and var(X).
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