The _____,named after a nineteenth-century economist,is a widely used tool for visualizing issues that need attention and is drawn as a vertical bar graph.
A) Pareto chart
B) Gantt chart
C) Scatter chart
D) XY chart

Question

Quizplus · Accepted Answer

The description given matches that of a Pareto chart, which is used to identify the most significant factors in a given situation. It is named after Vilfredo Pareto, an Italian economist who observed the disproportionate distribution of wealth in his country. The chart comprises a bar graph with the bars arranged in descending order to highlight the most significant issue that needs attention. The chart also includes a cumulative percentage line to show the overall impact of the issues.

The _____,Named After a Nineteenth-Century Economist,is a Widely Used Tool