Key Points Pareto charts are a simple and effective way of determining the root cause of whatever problems you’re facing.

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.

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.

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.

The following are recommendations for improving the visual clarity of Pareto charts: Decide carefully how the bars should be scaled. The default percent scale is not always the best choice. For ...

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 ...

Q. I have been doing some reading on total quality management and it seems that Pareto charts are quite popular. Is it difficult to learn how to use them and can they really help me improve overall… ...

Data scientist Antoine Mayerowitz applies one of Pareto’s principles, the Pareto front, to plot the best combination among the 703,560 possible decisions players must make in Mario Kart.