Pareto's 80/20 Rule and the Gaussian Distribution
Katsuaki Tanabe
Papers from arXiv.org
Abstract:
The statistical state for the empirical Pareto's 80/20 rule has been found to correspond to a normal or Gaussian distribution with a standard deviation that is twice the mean. This finding represents large characteristic variations in our society and nature. In this distribution, the rule can be also referred to as, for example, the 25/5, 45/10, 60/15, or 90/25 rule. In addition, our result suggests the existence of implicit negative contributors.
Date: 2020-09
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Published in Physica A 510, 635 (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2009.14378
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