Dear readers, how are you today?
It rained today, again, just like any other day in the past week here in Jakarta. The rain started around mid day though, not the same as previous days. We ended up having blue skies again at around 2 o’clock. Felt much better this way! We got a whole afternoon without rain. Hurray!
As you know, the reveal for last week’s MidnightVisitor Quiz: Christmas Celebration – when shall we start’ won’t be released until 25th of Dec, 2012, the actual Christmas day. But it would be nice to know how we fare so far, wouldn’t it? Let’s peek just a bit, and see how we go so far. That’s nice, don’t you think?
Well, so far, we have the votes in as below:
80% – we should start to celebrate Christmas 1 month prior the big day. Yeh, we are level headed beings, very sensible.
20% – we should celebrate Christmas any time we like. Brave souls. We admire you!
Actually, this result fits the 20-80 rule perfectly. Don’t know what a 20-80 rule is? Well it is also called the Pareto principle or Pareto efficiency. Here is what we find on wikipedia:
The Pareto principle (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes.
Business-management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population; he developed the principle by observing that 20% of the pea pods in his garden contained 80% of the peas.
It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients”.
The Pareto principle is only tangentially related to Pareto efficiency, which was also introduced by the same economist. Pareto developed both concepts in the context of the distribution of income and wealth among the population.
Based on this rule, 20% of the voters so far are the main force in the Christmas fever. They are the advocates, the passion, the fire, the spirit and soul of the Christmas celebration.
And the 80%, they are only going through a storm (like the one we just had today). Remember the quote for this week from Garrison Keillor?
A lovely thing about Christmas is that it’s compulsory, like a thunderstorm, and we all go through it together.
What do you think? Like the Pareto principle? Which side are you on this Christmas according to the Pareto principle? It would be interesting to know.
Take care and good night.
- Christmas Celebration – When Shall We Start?
- DIY Christmas Ornaments – Christmas Wreath
- Midnight Visitor Recommended Blogs
- Christmas Crafts – DIY Clay Monkey and Turtle
- Christmas Ornament