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Tag: Big Heads and Long Tails

Big Heads and Long Tails in Retail

October 30, 2015

The Pareto Principle states that, for many events, roughly 80% of the effects come from 20% of the causes. The principle certainly finds expression in grocery sales data and the following diagram is quite typical of what one can observe. In retail parlance, the top product classes or SKUs are called the big heads and … More Big Heads and Long Tails in Retail

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Updates on my research and expository papers, discussion of open problems, and other maths-related topics. By Terence Tao

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