Lesson 48: The Pareto 20-80 Principle, Part 3
Reading assignment
Koch, 16x, pages 28-43
This video is way above average. It has had millions of hits. The speaker is a master. If you can ever get this good, you will be a success.
His introduction to the 20-80 law is rigorous. You will not follow all of it. This is a serious lecture disguised as entertainment.
His main point is this: the 20-80 rule is universal, yet we have no idea why. How could anything this important have no explanation? But this is the case.