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why are you startled? Have you never heard of the 20/80 rule? It appears in almost every dataset. The top 20% of any set do 80% of the work. Example: The t
by sixQuarks 12y ago
why are you startled? Have you never heard of the 20/80 rule? It appears in almost every dataset. The top 20% of any set do 80% of the work.
Example: The top 20% of a population owns 80% of the wealth.
And yes, this applies to other occupations as well.
- chillingeffect 12y agoYes and even among the 80% who are useless, they are useful 20% of the time. I work with a few people like that... They either need a challenge, an end date or other creative ways of being motivated.
- Beltiras 12y agoIt's called the Pareto Principle(http://en.wikipedia.org/wiki/Pareto_principle http://en.wikipedia.org/wiki/Pareto_principle) and it does not need to be a symmetric 80/20 split. 1% of the people own 50% of the wealth is one other application of the same math.
- Emphaticdotco 12y agoWikipedia doesn't do narrative justice to the interesting history behind Pareto. We tried to correct that in this blog post (http://www.emphatic.co/blog/know-stuff-think-shouldnt/ http://www.emphatic.co/blog/know-stuff-think-shouldnt/).