An alternative to the lognormal distribution for modeling highly skewed populations is the Pareto distribution with parameters ? and r. The probability density function is





The parameters ? and r may be any positive numbers. Let Xbe a random variable with this distribution.

a. Find the cumulative distribution function of X.

b. Assume r > 1. Find .

c. Assume r > 2. Find .

d. Show that if r?1. does not exist.

e. Show that if r?2, does not exist.




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