Refer to Exercises 6.17 and 6.18. If Y possesses a Pareto
Chapter 6, Problem 19E(choose chapter or problem)
Refer to Exercises and . If \(Y\) possesses a Pareto distribution with parameters \(\alpha \text { and } \beta\), prove that \(X=1 / Y\) has a power family distribution with parameters \(\alpha\) and \(\theta=\beta^{-1}\)
Equation Transcription:
Text Transcription:
Y
\alpha \text and \beta
X=1/Y
\alpha
\theta=\beta^-1
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