A family of pdf’s that has been used to approximate the
Chapter 5, Problem 10E(choose chapter or problem)
A family of pdf’s that has been used to approximate the distribution of income, city population size, and size of firms is the Pareto family. The family has two parameters, ?k ?and , both >0, and the pdf is a.? ?Sketch the graph of f ? ? ? ?k?, ?). b.? ?Verify that the total area under the graph equals 1. c.? ?If the rv ?X ?has pdf? f ?(?x?; ?k?, ?), for any fixed b > ? obtain an expression forP(X?b). d.? ?For ?P(?a ??? ?? ?b? .
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer