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Pareto Filtering

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Pareto Filtering - definition(s)

Pareto Filtering - The Pareto principle (also known as the 80-20 rule) states that, for many events, 80% of the effects comes from 20% of the causes. This is a useful feature when a dimension, like customer, has a large number of categories and you want to identify the 20% of your clients who brings 80% of your sales. Filtering based on this principle, automatically groups the categories that amount to less than 20% of a row or column total into "˜other' category.

[Category=Business Intelligence ]

Source: ElegantJ BI Business Intelligence, 03 November 2012 09:58:55, External 

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