Learn what a Pareto chart is, see a few examples of the Pareto Principle in action, read benefits of the Pareto charts and learn the eight steps involved in creating a Pareto chart.

Excel 2016's many new features include six new chart types. Here we cover Histogram, Pareto, and Waterfall, which cover statistical, trend, and other relationships.

Pareto analysis states that 80% of a project’s results are due to 20% of the inputs, and 80% of problems can be traced to 20% of the causes.

Pareto analysis is a method by which you find the 80% of the problem caused by 20% of the people, or which customers provide most the revenue, or whatever.