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  2. Pareto chart - Wikipedia

    en.wikipedia.org/wiki/Pareto_chart

    Simple example of a Pareto chart using hypothetical data showing the relative frequency of reasons for arriving late at work. A Pareto chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line.

  3. Pareto principle - Wikipedia

    en.wikipedia.org/wiki/Pareto_principle

    The Pareto principle is the basis for the Pareto chart, one of the key tools used in total quality control and Six Sigma techniques. The Pareto principle serves as a baseline for ABC-analysis and XYZ-analysis, widely used in logistics and procurement for the purpose of optimizing stock of goods, as well as costs of keeping and replenishing that ...

  4. Pareto distribution - Wikipedia

    en.wikipedia.org/wiki/Pareto_distribution

    The Pareto distribution, named after the Italian civil engineer, economist, and sociologist Vilfredo Pareto, [2] is a power-law probability distribution that is used in description of social, quality control, scientific, geophysical, actuarial, and many other types of observable phenomena; the principle originally applied to describing the distribution of wealth in a society, fitting the trend ...

  5. Pareto front - Wikipedia

    en.wikipedia.org/wiki/Pareto_front

    A significant aspect of the Pareto frontier in economics is that, at a Pareto-efficient allocation, the marginal rate of substitution is the same for all consumers. [5] A formal statement can be derived by considering a system with m consumers and n goods, and a utility function of each consumer as = where = (,, …,) is the vector of goods, both for all i.

  6. Seven basic tools of quality - Wikipedia

    en.wikipedia.org/wiki/Seven_Basic_Tools_of_Quality

    The seven basic tools of quality are a fixed set of visual exercises identified as being most helpful in troubleshooting issues related to quality. [1] They are called basic because they are suitable for people with little formal training in statistics and because they can be used to solve the vast majority of quality-related issues.

  7. Insulin Resistance: From Symptoms to Treatment - AOL

    www.aol.com/insulin-resistance-symptoms...

    Insulin resistance, or low insulin sensitivity, happens when cells throughout the body don’t respond properly to the hormone insulin, especially cells in muscles, fat and the liver. Insulin is a ...

  8. 'Large number' of Americans' metadata stolen by Chinese ...

    www.aol.com/news/large-number-americans-metadata...

    By Raphael Satter. WASHINGTON (Reuters) -A large number of Americans' metadata has been stolen in the sweeping cyberespionage campaign carried out by a Chinese hacking group dubbed "Salt Typhoon ...

  9. Pareto efficiency - Wikipedia

    en.wikipedia.org/wiki/Pareto_efficiency

    Constrained Pareto efficiency is a weakening of Pareto optimality, accounting for the fact that a potential planner (e.g., the government) may not be able to improve upon a decentralized market outcome, even if that outcome is inefficient. This will occur if it is limited by the same informational or institutional constraints as are individual ...