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
Answer:
b critical thinking is the answer
Emulating unconscious biological functions is a function of the medulla.
True.
Darwin studied how the fossils of certain animals very slowly changed over the couse of millions of years, indicating that animals slowly eveolved over several millenia from oceanic creatures, to more advanced oceanic creaters and anphibians, reptiles, mammals, birds, and more. Also, eachof these classes continued to evolve within themselves to make different species and improve on already existing species.
<h2>Mark Brainliest?</h2>
Answer: Once poverty has entered an geographic location it is very hard to get rid of it.
Explanation:
If a family's income isn't enough to meet the average standard of living, they are considered to be in relative poverty. ... Overcrowding, violence, noise, and poor community programs make it difficult for people suffering from this type of poverty to get out of it.
