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Can somebody help with this question on Pareto distribution? I need to do my statistics assignment, which contains this question Show that the Pareto distribution might not have a finite mean or variance by calculating the mean and variance of a strict Pareto random variable. Are there any values for which either does not take a finite value?

Hint: examine the case for which 𝝰 ϵ(0,1) and 𝝰>1.

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