Question

explain 80/20 rule.
list its advantages.

Answer 1

The Pareto principle (also known as the 80/20 rule, the law of the vital few, or the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. ... Pareto developed both concepts in the context of the distribution of income and wealth among the population.

Answer 2

The pareto principal mark me brain a list