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  2. Pareto chart - Wikipedia

    en.wikipedia.org/wiki/Pareto_chart

    A Pareto chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The chart is named for the Pareto principle , which, in turn, derives its name from Vilfredo Pareto , a noted Italian economist.

  3. File:Edgeworth Pareto efficient point.pdf - Wikipedia

    en.wikipedia.org/wiki/File:Edgeworth_Pareto...

    English: This Edgeworth box depicts the Pareto efficient allocation of Sandwiches and Capri Sun between two consumers. The diagonal line represents the set of efficient allocations and the point of tangency between the two consumers indifference curves represents the Pareto efficient point.

  4. Pareto distribution - Wikipedia

    en.wikipedia.org/wiki/Pareto_distribution

    The Pareto distribution, named after the Italian civil engineer, economist, and sociologist Vilfredo Pareto, [2] is a power-law probability distribution that is used in description of social, quality control, scientific, geophysical, actuarial, and many other types of observable phenomena; the principle originally applied to describing the distribution of wealth in a society, fitting the trend ...

  5. Pareto front - Wikipedia

    en.wikipedia.org/wiki/Pareto_front

    A significant aspect of the Pareto frontier in economics is that, at a Pareto-efficient allocation, the marginal rate of substitution is the same for all consumers. [5] A formal statement can be derived by considering a system with m consumers and n goods, and a utility function of each consumer as = where = (,, …,) is the vector of goods, both for all i.

  6. File:PDF of Pareto Distribution.svg - Wikipedia

    en.wikipedia.org/wiki/File:PDF_of_Pareto...

    You are free: to share – to copy, distribute and transmit the work; to remix – to adapt the work; Under the following conditions: attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made.

  7. Pareto efficiency - Wikipedia

    en.wikipedia.org/wiki/Pareto_efficiency

    Constrained Pareto efficiency is a weakening of Pareto optimality, accounting for the fact that a potential planner (e.g., the government) may not be able to improve upon a decentralized market outcome, even if that outcome is inefficient. This will occur if it is limited by the same informational or institutional constraints as are individual ...

  8. Seven basic tools of quality - Wikipedia

    en.wikipedia.org/wiki/Seven_Basic_Tools_of_Quality

    Cause-and-effect diagram (also known as the "fishbone diagram" or Ishikawa diagram) Check sheet; Control chart; Histogram; Pareto chart; Scatter diagram; Stratification (alternatively, flow chart or run chart) The designation arose in postwar Japan, inspired by the seven famous weapons of Benkei. [6]

  9. Generalized Pareto distribution - Wikipedia

    en.wikipedia.org/wiki/Generalized_Pareto...

    In statistics, the generalized Pareto distribution (GPD) is a family of continuous probability distributions.It is often used to model the tails of another distribution. It is specified by three parameters: location , scale , and shape