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In many societies, the richest ten percent control more than half of the total wealth. The Pareto Distribution has often been used to mathematically quantify the distribution of wealth at the right tail (the wealth of the very rich); stating that the upper 20% owns 80%, the upper 4% owns 64%, the upper 0.8% owns 51.2%, etc. In fact, the tail of ...
19 – The Roman general Germanicus dies near Antioch. He was convinced that the mysterious illness that ended in his death was a result of poisoning by the Syrian governor Gnaeus Calpurnius Piso, whom he had ordered to leave the province.
The vitality model of former General Electric chairman and CEO Jack Welch has been described as a "20-70-10" system. The "top 20" percent of the workforce is most productive, and 70% (the "vital 70") work adequately. The other 10% ("bottom 10") are nonproducers and should be fired. [1] [2]
The 1984 United States presidential election was the 50th quadrennial presidential election, held on Tuesday, November 6, 1984.Incumbent Republican President Ronald Reagan and his running mate, incumbent Vice President George H. W. Bush, were re-elected to a second term in a landslide.
The 1% Club is an American game show, with its setup identically based on the British game show of the same name.Contestants are given a very short amount of time to solve brain teaser questions, with questions getting significantly more difficult as the game continues, as statistically a progressively smaller percentage of people, according to the producers, answered each subsequent question ...
A percentage point or percent point is the unit for the arithmetic difference between two percentages.For example, moving up from 40 percent to 44 percent is an increase of 4 percentage points (although it is a 10-percent increase in the quantity being measured, if the total amount remains the same). [1]
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