 The Pareto distribution with scale formula_53 and shape formula_13 is equivalent to the generalized Pareto distribution with location formula_55, scale formula_56 and shape formula_57.Vice versa one can get the Pareto distribution from the GPD by formula_58 and formula_59.| cdf =formula_60
formula_61
formula_62
formula_64
formula_65

The bounded (or truncated) Pareto distribution has three parameters