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Pareto Distribution in Python

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In this tutorial you will learn:

  • What is Pareto Distribution?
  • Pareto Distribution Implementation in python
  • Visualization of Pareto Distribution

Pareto Distribution

Pareto Distribution is a continuous power law distribution named after the famous 19th Century economist named Vilfredo Preto. Pareto Distribution is also known as Zipf distribution and as Riemann zeta distribution. It is commonly referred as Pareto Principle, “80-20” rule or Mathew Principle. An example for “80-20” rule could be the wealth distribution, that the 80% of wealth is held by 20% of the Italian population

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