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The mode of the Pareto distribution is its lowest value.

Q: How do you derive mode of Pareto Distribution?

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The mode of the Pareto distribution is its lowest value.

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To derive the mean of generalized Pareto distribution you must be good with numbers. You must be good in Calculus, Algebra and Statistics.

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The total deviation from the mean for ANY distribution is always zero.

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Divakar Sharma has written:

'On some estimators of the parameters of the Pareto distribution'

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var(X) = (xm/a - 1)2 a/a-2 .

If a < or equal to 2, the variance does not exist.

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