Tag: almost there
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363/365 : The Pareto Principle
The Pareto Principle—sometimes known as the 80/20 rule—states that for many outcomes, roughly 80% of consequences come from 20% of causes (the “vital few”). It can be applied to economics (80% of the wealth is held by 20% of the people), software engineering (fix 20% of the bugs, eliminate 80% of the crashes), and a…