Pareto charts are used as a prioritization tool by helping to identify the most significant factors in a set of data. Based on the Pareto principle, which states that 80% of the consequences stem from 20% of the causes, these charts can help identify the 20% of causes that need to be addressed to have the most significant impact. For example, in a customer feedback Pareto analysis, it can help identify the most common reasons customers unsubscribe. Similarly, in a productivity Pareto analysis, it can help identify the most frequent bottlenecks that interrupt company productivity.
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