How to use this tool
- Enter minimum value, shape alpha, value x.
- Select Calculate to view the result.
- Check the method and assumptions below before using the result.
The method, explained
For x≥minimum, survival=(minimum/x)^alpha and CDF=1−survival; below the minimum CDF=0.
Using minimum value = 1, shape alpha = 2, value x = 2, the result is 0.75. Change these example inputs to match your task; use the method above to check each step.
Understanding your result
Type I Pareto with fixed lower bound. Tail weight depends on alpha; this is not an automatic 80/20 rule calculation.
What to keep in mind
Type I Pareto with fixed lower bound. Tail weight depends on alpha; this is not an automatic 80/20 rule calculation. A descriptive or probability calculation under the stated assumptions. Check the sample design and model before interpreting results.
Common questions
How do I use this pareto distribution calculator?
Evaluate cumulative and tail probabilities for a Type I Pareto distribution. Enter minimum value, shape alpha, value x. The starting example is editable; use values for the same system or project.
Which assumptions affect this result?
Type I Pareto with fixed lower bound. Tail weight depends on alpha; this is not an automatic 80/20 rule calculation.
Methodology maintained by ClarityKit. How these tools are built and checked.