Answer:
Yes Preto distribution takes over when we apply 80/20 rule.
Explanation:
The Pareto distribution is derived from pareto principle which is based on 80/20 rule. This is main idea behind the Pareto distribution that percent of wealth is owned by 20% of population. This 80/20 rule is gaining significance in business world. There it becomes easy to understand the input and output ratio. The input ratio helps to analyse the potential output using Pareto distribution.
