this might help.Pareto distribution - Wikipedia, the free encyclopedia
Hi all,
I am trying to solve the problem 8.5 part c of Casella & Berger part c. I found the solution online but I couldn't understand why the distribution of log(X_{i})-min_{i}(log(X_{i}) is an exponential distribution where the X_{i}'s follow a pareto distribution.
Thanks for your help.
this might help.Pareto distribution - Wikipedia, the free encyclopedia