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The long tail was popularized by Chris Anderson in an October 2004 Wired magazine article, in which he mentioned Amazon.com, Apple and Yahoo! as examples of businesses applying this strategy. [7] [9] Anderson elaborated the concept in his book The Long Tail: Why the Future of Business Is Selling Less of More.
The distribution of a random variable X with distribution function F is said to have a long right tail [1] if for all t > 0, [> + >] =,or equivalently ¯ (+) ¯ (). This has the intuitive interpretation for a right-tailed long-tailed distributed quantity that if the long-tailed quantity exceeds some high level, the probability approaches 1 that it will exceed any other higher level.
To the right is the long tail, and to the left are the few that dominate (also known as the 80–20 rule). In statistics , a power law is a functional relationship between two quantities, where a relative change in one quantity results in a relative change in the other quantity proportional to the change raised to a constant exponent : one ...
Due to the increased demands that long-tail traffic places on networks resources, networks need to be carefully provisioned to ensure that quality of service and service level agreements are met. The following subsection deals with the provisioning of standard network resources, and the subsection after that looks at provisioning web servers ...
Business analysis is a professional discipline [1] focused on identifying business needs and determining solutions to business problems. [2] Solutions may include a software-systems development component, process improvements, or organizational changes, and may involve extensive analysis, strategic planning and policy development.
Considerations of the shape of a distribution arise in statistical data analysis, where simple quantitative descriptive statistics and plotting techniques such as histograms can lead on to the selection of a particular family of distributions for modelling purposes. The normal distribution, often called the "bell curve" Exponential distribution
The Wizards business, that's where you'll see some of that margin pullback as that capitalization plays through. But I mean, keep in mind, our Wizards business is posting record level margins.
The Long Tail: Why the Future of Business Is Selling Less of More is a book by Chris Anderson, editor in chief of Wired magazine. [1] The book was initially published on July 11, 2006, by Hyperion . The book, Anderson's first, is an expansion of his 2004 article "The Long Tail" in the magazine.