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Pareto analysis states that 80% of a project’s results are due to 20% of the inputs, and 80% of problems can be traced to 20% of the causes.
Excel 2016's many new features include six new chart types. Here we cover Histogram, Pareto, and Waterfall, which cover statistical, trend, and other relationships.
This example shows how to analyze such data with a weighted Pareto chart that incorporates the cost. Suppose that the cost associated with each of the problems in data set FAILURE7 (see Example 29.6) ...
This example illustrates methods for controlling the order of rows and columns in a comparative Pareto chart. The following statements create a data set named FAILURE7: ...