Wagging the Long Tail

A few authors sell vast numbers of books, while most authors sell very few. If you could amass accurate data on that, it would probably look like a decaying exponential curve. It would have the Pareto property, where 20% of the authors sell 80% of the books—those on the left. However, today we’ll focus on the right side of the curve. Statisticians, with their penchant for arcane, hard-to-understand terminology, call that part “the long tail.”

The curve I present here is approximate and inten...

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Published on March 26, 2017 04:24
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