{"id":5443,"date":"2025-05-31T18:51:34","date_gmt":"2025-06-01T01:51:34","guid":{"rendered":"https:\/\/blog.mydaye.com\/?p=5443"},"modified":"2025-06-17T17:48:08","modified_gmt":"2025-06-18T00:48:08","slug":"the-pareto-principle-is-priceless-2","status":"publish","type":"post","link":"https:\/\/blog.mydaye.com\/?p=5443","title":{"rendered":"The Pareto principle is priceless"},"content":{"rendered":"<div class=\"initial-letter\"><div class=\"postie-post\">\n<div>\n<div><span class=\"color\" style=\"font-size:17px;color:rgb(32, 33, 34);\">The&nbsp;<\/span><b style=\"font-size:17px;\">Pareto principle<\/b><span class=\"color\" style=\"font-size:17px;color:rgb(32, 33, 34);\"><span class=\"highlight\"><\/span>&nbsp;(also known as the&nbsp;<\/span><b style=\"font-size:17px;\">80\/20 rule<\/b><span class=\"color\" style=\"font-size:17px;color:rgb(32, 33, 34);\"><span class=\"highlight\"><\/span>, the&nbsp;<\/span><b style=\"font-size:17px;\">law of the vital few<\/b><span class=\"color\" style=\"font-size:17px;color:rgb(32, 33, 34);\"><span class=\"highlight\"><\/span>&nbsp;and the&nbsp;<\/span><b style=\"font-size:17px;\">principle of factor sparsity <\/b>can be demonstrated easily by thinking that of all the people available in a distribution about 80% are ratchet.&nbsp;<\/div>\n<div class=\"align-center\" style=\"position:relative;margin-top:1em;margin-right:0px;margin-bottom:1em;margin-left:0px;text-align:center;\"><\/div>\n<div>On the other hand that 20% distribution is probably looking at the purge distribution and saying &#8220;Is it time to go? &#8220;<\/div>\n<div><\/div>\n<div>Just keep in mind&#8230; if when you look around, check yourself before you wreck yourself because it is easy to easy to think you are in the 20% and not the other when in fact you are firmly in the 80%.<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The&nbsp;Pareto principle&nbsp;(also known as the&nbsp;80\/20 rule, the&nbsp;law of the vital few&nbsp;and the&nbsp;principle of factor sparsity can be demonstrated easily by thinking that of all the people available in a distribution about 80% are ratchet.&nbsp; On the other hand that 20% distribution is probably looking at the purge distribution and saying &#8220;Is it time to go? [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5444,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main"],"_links":{"self":[{"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=\/wp\/v2\/posts\/5443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5443"}],"version-history":[{"count":0,"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=\/wp\/v2\/posts\/5443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=\/wp\/v2\/media\/5444"}],"wp:attachment":[{"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.mydaye.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}