Pareto Analysis underlies the 80/20 rule, because 80% of problems are caused by 20% of variables.

Name: Pareto Analysis underlies the 80/20 rule, because 80% of problems are caused by 20% of variables.
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Quizplus · Accepted Answer

Pareto Analysis is used to identify the most important factors or causes contributing to a problem or situation. It is based on the principle that 80% of effects come from 20% of causes. Therefore, Pareto Analysis underlies the 80/20 rule, making option A true.

Pareto Analysis Underlies the 80/20 Rule, Because 80% of Problems