Pareto 80/20 Law: Derivation via Random Partitioning. Lipovetsky, S. 40(2):271–277.
Paper doi abstract bibtex The Pareto 80/20 Rule, also known as the Pareto principle or law, states that a small number of causes (20%) is responsible for a large percentage (80%) of the effect. Although widely recognized as a heuristic rule, this proportion has not been theoretically based. The article considers derivation of this 80/20 rule and some other standard quotients from the mean and its interval estimation for the total value defined by the product of two variables in the random partitioning model.
@article{lipovetskyPareto80202009,
title = {Pareto 80/20 Law: Derivation via Random Partitioning},
author = {Lipovetsky, Stan},
date = {2009-02},
journaltitle = {International Journal of Mathematical Education in Science and Technology},
volume = {40},
pages = {271--277},
issn = {1464-5211},
doi = {10.1080/00207390802213609},
url = {https://doi.org/10.1080/00207390802213609},
abstract = {The Pareto 80/20 Rule, also known as the Pareto principle or law, states that a small number of causes (20\%) is responsible for a large percentage (80\%) of the effect. Although widely recognized as a heuristic rule, this proportion has not been theoretically based. The article considers derivation of this 80/20 rule and some other standard quotients from the mean and its interval estimation for the total value defined by the product of two variables in the random partitioning model.},
keywords = {*imported-from-citeulike-INRMM,~INRMM-MiD:c-3402068,80-20-principle,mathematical-reasoning,pareto-distribution,pareto-principle},
number = {2}
}
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