Pareto’s Law

Hardy, Michael
September 2010
Mathematical Intelligencer;Sep2010, Vol. 32 Issue 3, p38
Academic Journal
The article focuses on Pareto's Law or "80/20 Law." The name "Pareto's law" was originated in 1954 with the research paper of mathematician Joseph M. Juran, who contrasted the contributions of the "vital few" with those of the "trivial many." The article discusses Pareto's 80/20 law and Pareto's model of income distribution.


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