Emma Eastoe

Jul 23, 2024 | onlinelibrary.wiley.com | Clement M. Lee |Emma Eastoe |Statistics Lancaster Lancaster |Aiden Farrell

1 INTRODUCTION f ( z ) = ( α − 1 ) u z u − α , z > u , $$ f(z)=\frac{\left(\alpha -1\right)}{u}{\left(\frac{z}{u}\right)}^{-\alpha },\kern2em z>u, $$ (1)In statistics, the power law is a principle by which the relative change in the size of a random variable is proportional to the relative change in its frequency.