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Results tagged with pareto-distribution
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user 91201
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.
12
votes
How do I fit a set of data to a Pareto distribution in R?
You can use the fitdist function provided in fitdistrplus package:
library(MASS)
library(fitdistrplus)
library(actuar)
# suppose data is in dataPar list
fp <- fitdist(dataPar, "pareto", start=list(s …
- 283