How to Answer: Explain to me the 80/20 rule.
Advice and answer examples written specifically for a Statistician job interview.
29. Explain to me the 80/20 rule.
How to Answer
Assure the interviewer that you are familiar with basic statistical concepts and practices by briefly walking them through your understanding of the 80/20 rule.
Written by Rachelle Enns
Answer Example
"My understanding of the 80/20 rule is that the most reasonable first steps you take with your data set will usually bring you 80% of the way to a solution. The remainder of your work is the last 20%."
Written by Rachelle Enns