One-Session: The Pareto Distribution/Principle

Presented by: William Hosley Description: Described by Vilfredo Pareto (1842-1923), the Pareto Principle explains why inequalities are inevitable in a free economy. Failure to recognize the Principle can result in misguided policies. Examples provided for discussion. Part of Bill's career at Eastman Kodak was as a statistical analyst. He is a former member of the American Statistical Association.