Which of the following best describes the Pareto principle?
A) It is the concept stating that most of the cause of any problem is because of special cause variation.
B) It is the concept stating that 80% of the problem is caused by 20% of the contributing root causes.
C) It is the concept stating that most aspects of any problem can be solved by a single solution.
D) It is the concept stating that 80% of the gain in process efficiency is created by 20% of those contributing to the solution.

Question

Quizplus · Accepted Answer

The Pareto principle, also known as the 80/20 rule, posits that 80% of the effects come from 20% of the causes, which applies to a wide range of situations including problem-solving, where it suggests that a majority of problems (80%) are often due to a small number of root causes (20%).

Which of the Following Best Describes the Pareto Principle