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by xjay
844 days ago
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"The 80/20 rule"/The Pareto principle > Mathematically, the 80/20 rule is roughly described by a power law distribution (also known as a Pareto distribution) for a particular set of parameters. Many natural phenomena distribute according to power law statistics. It is an adage of business management that "80% of sales come from 20% of clients." [1][2] [1] https://en.wikipedia.org/wiki/Pareto_principle [2] https://en.wikipedia.org/wiki/Power_law |
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