Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
principle
|
| gptkbp:alsoKnownAs |
80/20 rule
|
| gptkbp:appliesTo |
gptkb:business
economics healthcare software engineering productivity quality control wealth distribution |
| gptkbp:category |
gptkb:business
empirical rule statistical principle |
| gptkbp:describes |
for many outcomes, roughly 80% of consequences come from 20% of causes
|
| gptkbp:formedBy |
1896
|
| https://www.w3.org/2000/01/rdf-schema#label |
Pareto principle
|
| gptkbp:namedAfter |
gptkb:Vilfredo_Pareto
|
| gptkbp:originatedIn |
Vilfredo Pareto's observation of wealth distribution in Italy
|
| gptkbp:relatedTo |
gptkb:law_of_the_vital_few
gptkb:Pareto_distribution |
| gptkbp:usedIn |
management
marketing sales customer service project management quality improvement risk management decision making inventory management time management business analysis |
| gptkbp:bfsParent |
gptkb:Vilfredo_Pareto
|
| gptkbp:bfsLayer |
5
|