S.Ya. Grodzenskiy1, Ya.S. Grodzenskiy2
1,2 MIREA – Russian University of Technology (Moscow, Russia)
An overview of the regularities associated with the Pareto principle – the "80/20 Law" is given. The recursiveness of the Pareto scheme is shown. The random process leading to the Pareto distribution and the relationship between the "80/20 law" and the normal distribution are considered. It is suggested that the Levi–Pareto distribution, generalizing the traditional Pareto distribution, will be used in the future as a quality tool.
Grodzenskiy S.Ya., Grodzenskiy Ya.S. Pareto method: history, new opportunities, prospects. Nonlinear World. 2023. V. 21.№ 1. P. 47-54. DOI: https://doi.org/10.18127/j20700970-202301-06 (In Russian)
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