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What does pareto distribution mean?
- Pareto distribution(Noun)
- 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 byfor all x x, where x is the (necessarily positive) minimum possible value of X, and k is a positive parameter.
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"pareto distribution." Abbreviations.com. STANDS4 LLC, 2024. Web. 8 May 2024. <https://www.abbreviations.com/pareto%20distribution>.
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