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beks73 [17]
2 years ago
10

If the random variable y denotes an individual’s income, pareto’s law claims that:________

Social Studies
1 answer:
professor190 [17]2 years ago
4 0

If the random variable y denotes an individual’s income, Pareto’s law claims that<u> P(Y>=y)= (k/y) raised to the power of 9</u>. Here k refers to the minimum income of the entire population.

Pareto's law states that for different outcomes, almost eighty percent of the results come from the twenty percent of the causes of the event. We also call it the 80/20 rule or the rule of the vital few or even the principle of factor sparsity.

Joseph M. Juran, a management consultant developed this concept keeping in mind the context of quality control as well as improvement after he read the works of the Italian economist Vilfredo Pareto.

To learn more about Pareto's law, click

brainly.com/question/5648291

#SPJ4

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True or false ? Benjamin Harrison controlled government spending
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Does the constitution address all of the concerns that arose during the time of articles of confederation? Why or why not?
nataly862011 [7]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

I consider that the constitution addresses most of the concerns that arose during the time of articles of confederation?

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4.- Free pass for American colonists when traveling across the states, except for criminals.

6.- Central government power to make international treaties and the power of the states to raise an army.

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This meant that the central government was week under the Articles of Confederation and Congress could not collect money through taxation. When the government needed money it had to ask for it from the states. It could not raise an army, either.

That is why delegates met at the Constitutional Convention of Philadelphia, Pennsylvania in 1787. Federalists and Antifederalists debated on the new form of government for the country and created the Constitution.

Federalists supported a strong form of government. Antid¿federalists, not. For states to sign it, Antifederalists like Thomas Jefferson demanded to include many rights for the citizens and respect to the sovereignty of the states. That is why Federalists James Madison drafted the Bill of Rights, the first ten Amendments to the United States Constitution.

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