Pareto's law

1) What is Pareto's Law? Sum it up in a paragraph.

Pareto's law 'states that, for many events, roughly 80% of the effects come from 20% of the causes'. For example, the law started off and was based off the idea of 80% of Italy being owned by 20% of the people. This law was so useful that it could be applied to computer science as for example, Microsoft noted that by fixing the top '20% most reported bugs, 80% of the errors and crashes would be eliminated.'

2) What other industries or examples can you apply the 80/20 rule to?
Microsoft - computer engineering
The business industries e.g. 

• 80% of a company's profits come from 20% of its customers
• 80% of a company's complaints come from 20% of its customers
• 80% of a company's profits come from 20% of the time its staff spend
• 80% of a company's sales come from 20% of its products
• 80% of a company's sales are made by 20% of its sales staff

3) List three arguments in FAVOUR of Pareto's Law applying to the internet:

Twitter owns vine 
Google owns YouTube
Google owns Blogger
4) List three arguments AGAINST Pareto's Law applying to the internet:

Instagram - everyone is equal posting pictures as the instagram HQ do not have all access to everyone posting pictures. 
FB - People are able to post things from one to many or many to many people 
Twitter - Does not always control what people tweet like any other social network. 


Finally, answer the following question:

5) Even if Pareto's Law applies to internet ownership, does it still apply to the content we read online?

Sometimes; maybe, idunno :(