Question: Construct simulation algorithms for the following distributions: (a) The weib (a, (lambda) ) distribution, with cdf (F(x)=1-mathrm{e}^{-(lambda x) alpha}, x geqslant 0), where (lambda>0) and
Construct simulation algorithms for the following distributions:
(a) The weib
(a, \(\lambda\) ) distribution, with cdf \(F(x)=1-\mathrm{e}^{-(\lambda x) \alpha}, x \geqslant 0\), where \(\lambda>0\) and \(\alpha>\) 0 .
(b) The Pareto \((\alpha, \lambda)\) distribution, with pdf \(f(x)=\alpha \lambda(1+\lambda x)^{-(\alpha+1)}, x \geqslant 0\), where \(\lambda>0\) and \(\alpha>0\).
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