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Truncated Pareto distribution

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Meriam jabloun

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Apr 15, 2010, 1:21:05 PM4/15/10
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Hi,

I would like to simulate a truncated pareto distribution where the parameters are :

mean=6;
max=12.5;
shape=1.2;
scale=2.5;
location = tp_scale;

for the generation of random values, I use gprnd function

random_pareto = gprnd(tp_shape,tp_scale,tp_location);

But I didn't know how to use the mean and max to generate a truncated pareto values.

Need help,

Thank you.

Yufeng

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May 10, 2012, 10:36:16 AM5/10/12
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Hello Meriam,

I also have the same question as yours. I wonder have you got a solution on how to generate random numbers according to the tracated pareto distribution with your parameters?

Please let me know. Thank you.

"Meriam jabloun" wrote in message <hq7hu1$sjc$1...@fred.mathworks.com>...

Torsten

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May 11, 2012, 2:42:33 AM5/11/12
to
On 10 Mai, 16:36, "Yufeng " <kthyuf...@gmail.com> wrote:
> Hello Meriam,
>
> I also have the same question as yours. I wonder have you got a solution on how to generate random numbers according to the tracated pareto distribution with your parameters?
>
> Please let me know. Thank you.
>
>
>
> "Meriam  jabloun" wrote in message <hq7hu1$sj...@fred.mathworks.com>...
> > Hi,
>
> > I would like to simulate a truncated pareto distribution where the parameters are :
>
> > mean=6;
> > max=12.5;
> > shape=1.2;
> > scale=2.5;
> > location = tp_scale;
>
> > for the generation of random values, I use gprnd function
>
> > random_pareto = gprnd(tp_shape,tp_scale,tp_location);
>
> > But I didn't know how to use the mean and max to  generate a truncated pareto values.
>
> > Need help,
>
> > Thank you.- Zitierten Text ausblenden -
>
> - Zitierten Text anzeigen -

Under
http://en.wikipedia.org/wiki/Pareto_distribution
take a look at the paragraph
Bounded pareto distribution / Generating bounded pareto random
variables.

Best wishes
Torsten.




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