On The Product and Ratio of Pareto and Erlang Random Variables
DOI:
https://doi.org/10.59543/ijmscs.v1i.7737Keywords:
Product Distribution, Ratio Distribution, Pareto Distribution, Erlang Distribution, Exponential Distribution, Survival function, Hazard function.Abstract
The distributions of products and ratios of random variables are of interest in many areas of the sciences.
In this paper, we find analytically the probability distributions of the product XY and the ratio X/Y ,
when X and Y are two independent random variables following Pareto and Erlang distributions, respectively
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