Pareto Distribution - Generalized Pareto Distributions

Generalized Pareto Distributions

See also: Generalized Pareto distribution

There is a hierarchy of Pareto distributions known as Pareto Type I, II, III, IV, and Feller–Pareto distributions. Pareto Type IV contains Pareto Type I and II as special cases. The Feller–Pareto distribution generalizes Pareto Type IV.

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