80/20 rule

The 80/20 Principle tells us that in any population, some things are likely to be much more important than others. Its an aphorism which asserts that 80% of outcomes (or outputs) result from 20% of all causes (or inputs) for any given event. In business, a goal of the 80-20 rule is to identify inputs that are potentially the most productive and make them the priority.

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