QUESTION 11 OF 35

Explain to me the 80/20 rule.

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.

"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%."

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Statistician Mock Interview

Explain to me the 80/20 rule.

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35 Statistician Interview Questions & Answers