population size, and size of firms is the Pareto family. One such member of the P family is the following pdf. Find the mean of X f(x)= = { C x3 0 x ≥ 2 x < 2

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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A family of pdf's that has been used to approximate the distribution of income, city
population size, and size of firms is the Pareto family. One such member of the Pareto
family is the following pdf.
Find the mean of X
ƒ(x) =
C
x3
0
x > 2
x < 2
Transcribed Image Text:A family of pdf's that has been used to approximate the distribution of income, city population size, and size of firms is the Pareto family. One such member of the Pareto family is the following pdf. Find the mean of X ƒ(x) = C x3 0 x > 2 x < 2
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