Pareto charts are a simple and effective way of determining the root cause of whatever problems you’re facing. They adhere to Pareto’s principle where 80% of the reasons production stop can be ...

The Pareto Principle, also known as the 80-20 rule, is a powerful concept that can transform your approach to data analysis. This principle states that roughly 80% of effects come from 20% of causes.

So, you want to know how to create a scatter plot in Excel. Chances are, you probably already know what the term means, but given Microsoft Excel’s arsenal of options packed into each tab, getting ...

If you understand the definition of a mathematical function, a good way to judge it is that any line drawn parallel to the y-axis intersects with the values in the function’s curve only once. The same ...