Talk:Pareto analysis

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[edit] Suggestions for improvement

Could do with an example of a pareto chart - I'm having trouble visualising it from the description

--Dan 07:06, 10 June 2006 (UTC)

The how-to section looks as if it's written to be read by little children. And the substance of the article seems mainly missing: where do these percentages come from? Michael Hardy 17:21, 27 June 2006 (UTC)

[edit] Pareto example

You can do a pareto analysis based on costs if you have a spreadsheet of line items with a resulting cost. You then arrange the lines in descending order with the highest cost item at the top. Get a total sum of all costs. Then you calculate the percentage of each line item cost as a percentage of the total cost. It is likely that 80% of the total spend will be concentrated in only 20% of the total line items.199.3.246.231 01:25, 30 May 2007 (UTC)Kath199.3.246.231 01:25, 30 May 2007 (UTC)