Pareto Charts - PowerPoint PPT Presentation

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Pareto Charts

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Pareto Charts – PowerPoint PPT presentation

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Title: Pareto Charts


1
Pareto Charts
A method for showing the distribution of
quantitative data and identifying those with the
greatest impact.

Summary Pareto Charts provide a visual
representation of the variables which contribute
to problems or issues. Pareto Charts can be
used as a prioritization tool to aid in focusing
on the top issues which contribute to specific
conditions. Pareto analysis is an approach which
ranks the contributing factors and identifies
which are the ones which have the most impact on
a problem or issue. Often referred to as an
approach for separating the vital few from the
trivial many, sometimes referred to as the
80-20 rule
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