Pareto distribution

plural Pareto distributions

1. mathematicsA 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
2. 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 Pr (X>x)=(x/(x_m))⁻ᵏ for all x ≥ xₘ, where xₘ is the (necessarily positive) minimum possible value of X, and k is a positive parameter.
   1. mathematicsPr (X>x)=(x/(x_m))⁻ᵏ
   2. mathematicsfor all x ≥ xₘ, where xₘ is the (necessarily positive) minimum possible value of X, and k is a positive parameter.