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.
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These changes reflect the fact that the parents of these two children are divorced and are undergoing adjustments on the custody of their children. This is often the most complicated part of filing for a divorce, because children are uprooted from their family backgrounds and are forced to live in a different situation from which they were accustomed to.
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The Bible I believe or it was Marco polo’s traveling to china please put both
