Learn what a Pareto chart is, see a few examples of the Pareto Principle in action, read benefits of the Pareto charts and learn the eight steps involved in creating a Pareto chart. Jump to: A Pareto ...
The Pareto Principle, also known as the 80-20 rule, is a powerful concept that can transform your approach to data analysis. This principle states that roughly 80% of effects come from 20% of causes.