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.

Questions & AnswersCategory: QuestionsWhich 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 5 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