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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 ...
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.
Bar graphs are graphical representations of statistical data in the form of strips or bars. This allows viewers to understand the difference between the various parameters of the data at a glance ...
While Microsoft Excel is one of the most powerful spreadsheet applications, it’s also the most intimidating tool in the Microsoft Office suite. If you’ve never used Excel before or are just a bit ...
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