Pareto Chart
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A Pareto chart, named after Vilfredo Pareto, is a type of chart which contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The left vertical axis is the frequency of occurrence, but it can alternatively represent cost or an other important unit of measure. The right vertical axis is the cumulative percentage of the total number of occurrences, total cost, or total...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A Pareto chart, named after Vilfredo Pareto, is a type of chart which contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The left vertical axis is the frequency of occurrence, but it can alternatively represent cost or an other important unit of measure. The right vertical axis is the cumulative percentage of the total number of occurrences, total cost, or total of the particular unit of measure. Because the reasons are in decreasing order, the cumulative function is a concave function. The purpose of the Pareto chart is to highlight the most important among a (typically large) set of factors. In quality control, it often represents the most common sources of defects, the highest occurring type of defect, or the most frequent reasons for customer complaints, and so on.
