Question: A random variable has a Pareto distribution with parameters a: > U and {so > 0 if its density function is (1mg f x) 2


A random variable has a Pareto distribution with parameters a: > U and {so > 0 if its density function is (1mg f x) 2 sea\" 01' a: > 320 0 otherwise. (a) Show that x) is a probability density function. (b) Find E{X) and Var(X)
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