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Results tagged with pareto-distribution
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user 327073
The Pareto distribution is a power distribution which was initially invented to describe the distribution of income but has found application in many other areas.
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Calculating representative sample of pareto distribution
I have a Pareto-distributed population of size N.
If I wish to be 99% confident, with 0.75% margin of error, and empirically 35% made a good sample - what will be the formula to derive the sufficient …
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