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Pareto charts are a type of chart that can help in assessing productivity and customer feedback by visualizing the principle of the Pareto principle, also known as the 80/20 rule. This principle states that 80% of the effects come from 20% of the causes. In terms of productivity, a Pareto chart can help identify the few factors that are causing the most problems or delays, allowing businesses to focus their improvement efforts on these areas. Similarly, in customer feedback, a Pareto chart can highlight the most common complaints or issues raised by customers, helping businesses to prioritize their response and improvement efforts.
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Need to visualize your data? We've created this new spreadsheet template in Excel and Google Sheets that you can download and customize to your needs. It includes customizable marimekko charts to visualize resource allocation or a product portfolio, bubble charts to analyze market size and sales revenue, Pareto charts to assess productivity and customer feedback, box and whisker charts for stock analysis, vertical bar charts to visualize changes over time, and histogram charts to visualize the distribution of numbers, unique values, and date ranges.
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Need to visualize your data? Use this new Ultimate Charts resource for premade and fully customizable Marimekko charts, bubble charts, Pareto analysis...
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