# Ideas for Pareto-Distribution [closed]

tomorrow i have to present an exercise which is about estimating the MLE of a Pareto-Distribution. I wanted to add a funny background story to make my presentation a little bit more interesting. Could you provide me some funny ideas about things that could be described by a pareto-distribution?

## closed as off-topic by Lee David Chung Lin, José Carlos Santos, Alexander Gruber♦Apr 11 at 16:15

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You should probably use the Pareto 80/20 law.

E.g. $$20\%$$ of all people receive $$80\%$$ of all income.

This phenomenon can be seen in the Pareto distribution when $$\alpha$$ is set to a particular value.

https://en.wikipedia.org/wiki/Pareto_principle#Mathematical_notes

I agree with George!

You might find some of these examples interesting: link

Also baseball: 15% of baseball players lead to 85% of wins (in 2009) link

The principle is often used to help determine priorities. E.g., in fashion or sales