# Pareto distribution and Benford’s law

The Pareto probability distribution has density for x ≥ 1 where a > 0 is a shape parameter. The Pareto distribution and the Pareto principle (i.e. “80-20” rule) are named after the same person, the Italian economist Vilfredo Pareto. Samples from a Pareto distribution obey Benford’s law in the limit as the parameter a goes to […]