Pareto Chart Template

A pareto chart template is a type of chart which contains both bars and a line graph in which values are plotted in descending order by bars while the collective total is displayed by line. A chart is used to graphically summarize and show the relative importance of the differences between groups of data. It can be used to quickly recognize which business problem needs attention first and clearly shows which variables have the maximum cumulative effect on a given system. The pareto chart is one of the best essential tools for quality control. Moreover, it can be used in business for running procedures that are truly based on quality control. Purpose of Pareto Chart: The basic purpose of a pareto chart is to emphasize the most important elements that affect a variable. The simple graphical visualization makes this chart extremely easy to understand and an efficient tool to explain the scenario and its basic causes to the audience. Businesses which are facing big problems can use this chart, which is a very useful tool. It will help these businesses to focus on those areas which are causing problems. Moreover, they will need to apply resources in those areas where

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