part 1 of 3 The cdf of the Pareto distribution is - (2)" x+0 F(x)=1- " x > 0. Suppose that a = 2 and 0 random variable with this Pareto distribution. Find the expectation of X. = 200. Let X be a part 2 of 3 Find the median of this Pareto distribution. part 3 of 3 Find the mode of this Pareto distribution.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 19E
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part 1 of 3
The cdf of the Pareto distribution is
0
F(x) = 1- - (+)".
x+0
x > 0.
Suppose that a = 2 and 0 = 200. Let X be a
random variable with this Pareto distribution.
Find the expectation of X.
part 2 of 3
Find the median of this Pareto distribution.
part 3 of 3
Find the mode of this Pareto distribution.
Transcribed Image Text:part 1 of 3 The cdf of the Pareto distribution is 0 F(x) = 1- - (+)". x+0 x > 0. Suppose that a = 2 and 0 = 200. Let X be a random variable with this Pareto distribution. Find the expectation of X. part 2 of 3 Find the median of this Pareto distribution. part 3 of 3 Find the mode of this Pareto distribution.
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