What is 80-20 Rule or Pareto Principle ?


The 80-20 principal says that 
80% results come from 20% actions
This concept is explained by economist Pareto.

Here are some examples:
  • 80% or higher grades are secured by 20% students.
  • 80% of sales is generated through 20% of products in a company.
  • 20% pages in a website attracts 80% web-traffic.
  • 20% tasks in our life is responsible for 80% success.
  • 80% crime is committed by 20% criminals.
  • 80% wealth is owned by 20% people.

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