Definition of Pareto chart:
One of the seven tools of quality control, it is a bar graph that displays variances by the number of their occurrences. Variances are shown in their descending order to identify the largest opportunities for improvement, and to separate critical few from the trivial many. Also called Pareto diagram.
How to use Pareto chart in a sentence?
- If you want to make sure that everything is going well for your business from all angles you should break down your pareto chart .
- Given the high amount of customer complaints, management studied a Pareto chart to determine the number of incidents involved, in hopes of understanding what was happening.
- My uncle identified all the ways we could improve using his pareto chart that he made especially for this meeting.
Meaning of Pareto chart & Pareto chart Definition