Excel 2016’s many new features include six new chart types. We’ll go over Histogram, Pareto, and Waterfall and talk about how they could be used with your data.

A Pareto chart helps in time management at work or on a personal level. How to create a Pareto chart Frequency: The number of times a problem has occurred. Duration: How long it takes.

Figure 26.2: Pareto Chart with Category Legend A category legend is likely to be introduced when the number of categories is large the category labels are lengthy (as in this example). Category labels ...

This example shows how to analyze such data with a weighted Pareto chart that incorporates the cost. Suppose that the cost associated with each of the problems in data set FAILURE7 (see Example 29.6) ...

Various characterizations of Pareto distributions (of type III in the classification of Arnold (1983)) are obtained. It is found that both the maximum and the minimum of a geometrically distributed ...

Samsung Electronics had experienced a series of quality-related problems, including the recall of one of its LCD TV models. Unfortunately for quality director Kevin Sarni, there was no single root ...