Pareto distribution

Pareto distribution

English

Etymology

Named after Vilfredo Pareto.

Noun

Pareto distribution (plural Pareto distributions)

1. (statistics) A probability distribution such that for a random variable X with that distribution holds that the probability that X is greater than some number x is given by
   ${\\displaystyle \\Pr(X>x)=\\left({\\frac {x}{x_{\\mathrm {m} }}}\\right)^{-k}}$
   for all x ≥ x_m, where x_m is the (necessarily positive) minimum possible value of X, and k is a positive parameter.

Translations

probability distribution

Czech: Paretovo rozdělení n