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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