Re: Pareto distribution--need help
From: Roger Bagula (tftn_at_earthlink.net)
Date: Wed, 26 Jan 2005 16:17:46 GMT
> Hi all,
> I was doing a simulation based on Pareto distribution. For a set
> empirical values how can set the values for mode and shape parameter so
> that the pareto distribution obtained is similar to those empirical
To get the "a" you do a log plot and find the negative slope.
To get "b" you use the intercept: divide by a and take exp() the result...
That's what I get from the formula anyway.
Roger L. Bagula
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