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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Answer: Battle of the somme
Explanation:
Answer:Self Schemas
Explanation:
Self schemas define how we think of ourselves in terms of how we feel and act in certain situations. It our beliefs about ourselves. These encompasses of whether we see ourselves as either introvert or extrovert based on our past experiences considering similar settings.
For example if you consider yourself shy , when given a public speech this will remind you of how shy you are provided you have been exposed to similar public speaking before and you know how shy you were then.
Self-Schemas Are Individualized
Each and everyone of us have various self schemas which are hugely affected by our past experiences, relationship,society ,upbringing and culture.
How we see ourselves is highly defined by our upbringing, how we socialize with others and what people say about us through social settings.
Such as schemas categories such as mean vs kind,active Vs sedentary ,loud Vs quiet.
Self-Schemas Form Our Self-Concept
All self schemas make up our self concept, different experiences and acquired knowledge adds up to our schemas to build our self concept.
