Which of the following statements is true about pareto charts? 1. It is based on Pareto principle which states that 80% of the problems come from 20% of causes. 2. It is specialized version of histogram that ranks the categories in the chart from most frequent to least frequent. 3. It is based on Pareto principle which states that 20% of the problems come from 80% of causes. 4. It is specialized version of histogram that ranks the categories in the chart from least frequent to most frequent.
Geek Boy Staff asked 12 months ago Which of the following statements is true about pareto charts?
1. It is based on Pareto principle which states that 80% of the problems come from 20% of causes.
2. It is specialized version of histogram that ranks the categories in the chart from most frequent to least frequent.
3. It is based on Pareto principle which states that 20% of the problems come from 80% of causes.
4. It is specialized version of histogram that ranks the categories in the chart from least frequent to most frequent.
a. 1, 2 & 3
b. 1 & 2
c. 3 & 4
d. 2, 3 & 4
e. All of the above
1 Answers
Lokesh Kumar