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Pareto Chart: How to Use It to Identify Root Causes
Pareto charts are a simple and effective way of determining the root cause of whatever problems you’re facing. They adhere to Pareto’s principle where 80% of the reasons production stop can be ...
In some situations, a count (frequency) is available for each category, or you can compress a large data set by creating a frequency variable for the categories before applying the PARETO procedure.
In many applications, you can quantify the priority or severity of a problem with a measure such as the cost of repair or the loss to the customer expressed in man-hours. This example shows how to ...
I think I ran across this link from Raven the Maven's site. She has the best project management blog around. Pareto analysis is a method by which you find the 80% of the problem caused by 20% of the ...
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