Number generator from a power law distribution, given a mean, alpha and x range
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Hi all,
I need to generate 300 numbers from a power law distribution with alpha 2.3 and mean 47, with lower bound 10, for a monte carlo simulation. I'd really appreciate any insights about how to do it.
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Samatha Aleti
le 18 Juil 2019
Hi,
You can generate random numbers from power law distribution using the RANDRAW function which is in MATLAB File Exchange. Use ‘pareto’ (means power-law distribution) as distribution name. Here is the link to download and use the 'RANDRAW' Function
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