pareto Synonyms
No Synonyms and anytonyms found
pareto Meaning
Wordnet
pareto (n)
Italian sociologist and economist whose theories influenced the development of fascism in Italy (1848-1923)
pareto Sentence Examples
- The Pareto principle dictates that 80% of outcomes are generated by 20% of inputs.
- Companies often focus on the 20% of customers who account for 80% of sales (Pareto customer analysis).
- The Pareto chart visually displays the most significant factors contributing to a problem.
- Pareto efficiency ensures that resources are allocated optimally, where no further improvement is possible without harming another party.
- In medical triage, the Pareto principle guides the allocation of limited resources to the most critical patients.
- Pareto optimization is a technique for finding solutions that maximize multiple objectives simultaneously.
- The Pareto distribution models skewed data, where a small number of occurrences have a disproportionately high impact.
- Pareto analysis can help businesses identify the root causes of problems by focusing on the most significant factors.
- Pareto improvements are incremental changes that yield significant benefits with minimal effort.
- The Pareto frontier represents the set of optimal solutions where further improvements are not possible without compromising another objective.
FAQs About the word pareto
Italian sociologist and economist whose theories influenced the development of fascism in Italy (1848-1923)
No synonyms found.
No antonyms found.
The Pareto principle dictates that 80% of outcomes are generated by 20% of inputs.
Companies often focus on the 20% of customers who account for 80% of sales (Pareto customer analysis).
The Pareto chart visually displays the most significant factors contributing to a problem.
Pareto efficiency ensures that resources are allocated optimally, where no further improvement is possible without harming another party.
