Pareto law with Tableau

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Do you know the Pareto law?

No… then you probably know the law of 80-20, don’t you? you probably thought that this law was more of an urban legend than a true statistical law. Fault …

First of all Pareto is the name of an Italian economist Vilfredo Pareto .

According to Wikipedia: “The Pareto principle , also called Pareto’s law , 80-20 principle or even 80-20 law , is an empirical phenomenon observed in certain fields: about 80% of the effects are the product of 20% of the causes. . It has been applied to areas like quality control . It is often considered that the phenomena for which this principle is verified follow a particular form of Pareto distribution ”.

The idea of ​​this post is to illustrate very simply (in less than 2 minutes) this law by using Tableau:

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Benoit Cayla

In more than 15 years, I have built-up a solid experience around various integration projects (data & applications). I have, indeed, worked in nine different companies and successively adopted the vision of the service provider, the customer and the software editor. This experience, which made me almost omniscient in my field naturally led me to be involved in large-scale projects around the digitalization of business processes, mainly in such sectors like insurance and finance. Really passionate about AI (Machine Learning, NLP and Deep Learning), I joined Blue Prism in 2019 as a pre-sales solution consultant, where I can combine my subject matter skills with automation to help my customers to automate complex business processes in a more efficient way. In parallel with my professional activity, I run a blog aimed at showing how to understand and analyze data as simply as possible: Learning, convincing by the arguments and passing on my knowledge could be my caracteristic triptych.

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