Pareto analysis usually reveals that 70-80 percent of transactions account for 10-15 percent of spend.

Question

Quizplus · Accepted Answer

This statement is true. Pareto analysis, also known as the 80/20 rule, often shows that a large proportion of results (in this case, transactions) come from a small proportion of input (in this case, spend). Specifically, it is common for 70-80% of transactions to account for 10-15% of overall spend.

Pareto Analysis Usually Reveals That 70-80 Percent of Transactions Account