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Aug
A Pareto chart is a graphical tool used to display the relative proportions of occurrence of different values. It is named after Vilfredo Pareto, an Italian economist who developed the concept. Pareto charts are useful for identifying the most important factors in a given situation. They can be used to prioritize actions and allocate resources. Keep reading to learn more about Pareto charts and how they can be used. What is a Pareto chart? A Pareto chart is a graphical tool used to display the relative proportions of occurrence of different values. It is named after Vilfredo Pareto, an Italian…