Pareto Distribution

A distribution following Pareto's law i.e. 80-20 distribution (20% factors cause 80% outcome).

It has two parameter:

a - shape parameter.

size - The shape of the returned array.

Draw out a sample for pareto distribution with shape of 2 with size 2x3:

from numpy import random

x = random.pareto(a=2, size=(2, 3))

print(x)

Visualization of Pareto Distribution

from numpy import random
import matplotlib.pyplot as plt
import seaborn as sns

sns.distplot(random.pareto(a=2, size=1000), kde=False)

plt.show()