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The Pareto Principle is an observation that 80% of consequences come from 20% of the causes, indicating an unequal relationship between inputs and outputs. The principle originated as a conclusion ...
The Pareto Principle, also known as the 80/20 rule, is a concept that can help you prioritize your tasks effectively. The principle states that 80% of your results come from 20% of your efforts.
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Only it’s not a rule at all. It’s a bit of pseudoscience that draws upon the Pareto principle from business management. This principle, also known as the “law of the vital few”, states ...