Question: A random variable has a Pareto distribution with parameters > 0 and x0 > 0 if its density function is f(x) = x 0 x
A random variable has a Pareto distribution with parameters > 0 and x0 > 0 if its density function is f(x) = x 0 x +1 for x > x0 0 otherwise. (a) Find E(X) (b) Find Z x 2 f(x)dx
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
