The 20-60-20 Rule
Piotr Jaworski and
Marcin Pitera
Papers from arXiv.org
Abstract:
In this paper we discuss an empirical phenomena known as the 20-60-20 rule. It says that if we split the population into three groups, according to some arbitrary benchmark criterion, then this particular ratio implies some sort of balance. From practical point of view, this feature often leads to efficient management or control. We provide a mathematical illustration, justifying the occurrence of this rule in many real world situations. We show that for any population, which could be described using multivariate normal vector, this fixed ratio leads to a global equilibrium state, when dispersion and linear dependance measurement is considered.
Date: 2015-01, Revised 2015-08
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://arxiv.org/pdf/1501.02513 Latest version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1501.02513
Access Statistics for this paper
More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().