Meaning of Pareto distribution | Babel Free

Definitions

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

CEFR level