Pareto Analysis
• Explain how to create a Pareto Chart, including a cumulative relative frequency line.
• Describe how to use a variable to weight the original data and produce another Pareto Chart.
• Discuss how to use stratification methods to perform in depth Pareto analysis of the data.
• Explain how to interpret a Pareto Chart to make a business decision.
• Explain how to create a Pareto Chart, including a cumulative relative frequency line.
• Describe how to use a variable to weight the original data and produce another Pareto Chart.
• Discuss how to use stratification methods to perform in depth Pareto analysis of the data.
• Explain how to interpret a Pareto Chart to make a business decision.
• Explain how to create a Pareto Chart, including a cumulative relative frequency line.
• Describe how to use a variable to weight the original data and produce another Pareto Chart.
• Discuss how to use stratification methods to perform in depth Pareto analysis of the data.
• Explain how to interpret a Pareto Chart to make a business decision.