The [[conditional probability distribution]] of a Pareto-distributed random variable, given the event that it is greater than or equal to a particular number <math>x_1</math> exceeding <math>x_\text{m}</math>, is a Pareto distribution with the same Pareto index <math>\alpha</math> but with minimum <math>x_1</math> instead of <math>x_\text{m}</math>. | The [[conditional probability distribution]] of a Pareto-distributed random variable, given the event that it is greater than or equal to a particular number <math>x_1</math> exceeding <math>x_\text{m}</math>, is a Pareto distribution with the same Pareto index <math>\alpha</math> but with minimum <math>x_1</math> instead of <math>x_\text{m}</math>. |