Pareto Principle, 80/20, Vital Few Trivial Many

By OpEx Learning Team, Last Updated September 21, 2010

Forbes Billionaire List Forms a Clear Pareto

The Pareto Principle is often called the 80/20 rule because it is a visual representation that separates the "vital few from the trivial many". It is

By OpEx Learning Team, Last Updated October 16, 2008

What if we organized all of Sarah Palin's speeches into an unstructured corpus and ran a word-frequency linguistic analysis on that corpus? A Pareto

By OpEx Learning Team, Last Updated June 18, 2008

For Father's Day, I was expecting the traditional breakfast in bed, cards from the kids, and my only sleep-in-past 7AM for the year, but I got

By OpEx Learning Team, Last Updated May 3, 2007

As opposed to a Pareto, where the picture of the data shows a nice stratification and separation in the data, a Flateto is exactly the opposite: the

By OpEx Learning Team, Last Updated June 26, 2006

The Pareto Principle was named after an Italian economist who discovered that 80% of the wealth in Europe was concentrated in 20% of the population.