80/20 rule

PARETO

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by Helen Denney-Stone on 1 December, 2011

PARETO – Vilfredo Federico Damaso Pareto born 15 July 1848 – 19 August 1923 born Wilfried Fritz Pareto, was an Italian, engineer, sociologist, economist, political scientist and philopher. Pareto’s Principle or Pareto’s Law – The 80/20 Rule means that in anything a few (20 percent) are vital and many(80 percent) are trivial. In Pareto’s caseRead the Rest…

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