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Some examples of datasets that can be visualized using Pareto charts include customer feedback analysis and productivity analysis. In customer feedback analysis, the chart can count the occurrences of different reasons customers unsubscribe. In productivity analysis, the chart can count the number of monthly bottlenecks that interrupt company productivity.
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Next up are Pareto charts, which get their name from the Pareto principle, which states that for many outcomes, 80% of the consequences stem from 20% of the causes. This is a prioritization tool to help identify the most important next step. In the sample datasets, we have a customer feedback Pareto analysis that counts the occurrences of different reasons customers unsubscribe, and a productivity Pareto analysis that counts the number of monthly bottlenecks that interrupt company productivity.
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