what is pareto analysis?
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Answer / g.mallikarjun
Pareto analysis is a statistical technique in decision
making that is used for selection of a limited number of
tasks that produce significant overall effect. It uses the
Pareto principle - the idea that by doing 20% of work you
can generate 80% of the advantage of doing the entire job.
Or in terms of quality improvement, a large majority of
problems (80%) are produced by a few key causes (20%).
Mallikarjun,speck systems
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / sunitha
It is an analysis to determine which problem reqiures more
effort
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / pavithra
Pareto Principle is used to cover 80 % of defects within 20
% of the testing
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / s.santhanam
Pareto principle: 20% of the sources cause 80% of any
problems
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / rajeshri
pareto analysis is used to determine which problem
/complaint required first preference so by solving that
complaint you solved the major problem.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / lokesh chauhan
Pareto analysis is a very simple technique that helps you
to choose the most effective changes to make.
| Is This Answer Correct ? | 2 Yes | 2 No |
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