Question

Which of the following statements are true regarding the Pareto diagrams?

A. Pareto diagram involves using mathematical techniques to forecast future outcomes based on historical results
B. Pareto diagrams use statistical measurements to identify the most important problems through different measurement scales; i.e. frequency, cost, e.t.c. and directs attention and efforts to most significant problems and/ or opportunities
C. Pareto diagrams are created by randomly selecting random portions of a population for inspection
D. Pareto diagram illustrate the relationship between two variables

Answer 1

A Pareto diagram is a bar graph that uses statistical measurements to identify and prioritize the most important problems or opportunities.

Step-by-step explanation:

A Pareto diagram, also known as a Pareto chart, is a bar graph that uses statistical measurements to identify and prioritize the most important problems or opportunities. The bars are sorted from largest to smallest and represent different measurement scales such as frequency or cost. The Pareto diagram helps to direct attention and efforts towards the most significant issues. It does not involve mathematical techniques to forecast future outcomes or randomly select portions of a population for inspection. Additionally, Pareto diagrams do not illustrate the relationship between two variables.