Whiteboard: Pareto Analysis
ฝัง
- เผยแพร่เมื่อ 2 มี.ค. 2015
- Copyright © 2014 Institute for Healthcare Improvement. All rights reserved. Individuals may share these materials for educational, not-for-profit uses, provided that the contents are not altered in any way and that proper attribution is given to IHI as the source of the content. These materials may not be reproduced for commercial, for-profit use in any form or by any means, or republished under any circumstances, without the written permission of the Institute for Healthcare Improvement.
Here In 2020 & you’ve explained in 7min what my lecturer couldn’t in 3hours 🙏🏾Thank you
😭😭😭😂😂😂😂😂😂
Perfect explanation! Simplifying something with other materials tends to make it more complex is art!
Someone finally talked about Pareto sensibly. Thank mate
Wow this is 2024 and this is the best video ever made please don’t take this down ❤ I could understand this chart and you have explain this amazingly well 🙌🙌👏👏👏
nice handwriting, thorough, well done!
The simplest way to explain Pareto Analysis. Very helpful.
THANK YOU!
Wow!!!! Thank you so much for a clear, succinct, and insightful tutorial on pareto charts! Thoroughly enjoyed this 👌👌
WOW! WOW!! WOW!!! THE BEST BY FAR!!!WHAT A PERFECT EXPLANATION!!!! I JUST LOVE IT.
Most informative video I have found on this topic! Very nicely presented! Thank you for helping me understand!
This was incredibly helpful; thank you for explaining it so thoroughly.
i am blown away with the crisp explanation
Was studying this in a book and needed more explanation. This was fantastic and answered all of my basic questions. Thank you.
This is the clearest explanation
One of the best and easiest explanation I've heard.thanks
A really clear & simple explanation of the analysis. Excellent delivery too. Thank you
This is the best video on TH-cam on this topic! 😊
Just with this one video I could know almost everything about a Pareto Chart...The best video tutorial ever...Thank you for the video...😊😊😊
AMAZING!!! Thank you. Makes so much more sense!
you successfully dealt with my stupidity about it. you are special
Explained so thoroughly yet so effortlessly 🔥😭🔥
Perfect description!
Very straight to the point.
Thanks for the video🙏
Great job on the analysis!
Best Pareto explanation n refresher in TH-cam. Thank you.
Based on your explanation I feel like I could get up in front of my colleges and explain this nearly verbatim
Clear explanation and simple .Thanks. Keep it up !
Wow, thank you for this explanation and perfect example. Very helpful!
Thanks fo this video! I learned and found what I was looking for.
An interesting way to demonstrate a very useful subject.
Thank you so much.
Great Explanation of Basics. Crystal Clear, Thanks a lot
Wonderfully explained! Thank You so much, seeking more to learn various concepts...... :)
Thank you for this simplified illustration.
Thank you so much, It was very clear and up to the point. Now, I know what Pareto Analysis is clearly
Thank you so much, sir. Today first time I know how to look at the Pareto chart. Very well explained sir.
Oh wow! He made this so easy to understand!! Thanks you!
Fantastic presentation. Colored my mind with regards to this subject. Thank you
This is excellent. Thank you.
Thank you so much for the video. It's so simple.
Excellent explanation. Thank you!
Such helpful clear explanation. Thank u so much Dr. Bob. 🙏
Thank you! Excellent explanation.
good and very informative video, thank you :)
Thank you!!!!! VERY INFORMATIVE!
Explained it neat and clear and a beautiful handwriting. Thanks a lot
@VampireDucks, regarding your comment made a year ago, the reason why 80 percent of the data in this cause account for phenomenon is because as you said correctly: 2/5=.40 and when multiplied by 100 or number of frequencies is a 100 it would be 40, but in this example used, the Doctor says there were a total of 200 frequencies. Therefore, you would have to multiply 2/5 or .4 by 200 instead of 100 to get the correct percentage. This would come out to be 80 percent (.4 * 200).
best explanation! thank you
still now 2022 your video is really helpful,thank you so so much
GOD BLESS YOU...
Thank you ! very good explanation.
Wonderfully explained. Thank you :)
Awesomely explained👏
The best explanation!
Very well explained!
What an explanation. Mind blowing sir. Thank you so much :)
Great explanation of 80/20 rule, Very nice handwriting.
really very good and informative....
Clear Explanation.. Thanks...
best explanation. thank you sir!
Well explained....clear explanation...Thanks
Great video thx!
You saved me today.
Bless you
Thanks for ur clear presentation
Why are the curved lines relevant/necessary if the percentages show the greater % of concerns? (eg. The 1st 2 bars...)?
Really a good explanation... I really understand the Pareto Analysis.
Very good, thanks
Amazing explanation
From here we get the points of the curve or do we draw it randomly ? Bcz if it's random, the intersection with the 80% won't be precise as well..
you are king man
he is much better than my professor
Good explanation overall, except one thing: talking about "80/20 split" reinforces common misconception that the rule refers to splitting dataset in 80/20 proportion, which is not true and would not be significant. Its not that 80+20=100. 80 refers to one thing (80% of results/effects/outputs etc) . 20 doesn't refer to remaining results - it refers to 20% causes/reasons/inputs - the most vital ones that cause that 80% of results. In video 80% of results come from 40% causes (2 out of 5), so its unfortunate to use it to explain 80/20 rule. It's so easy to fix by adding 5 more trivial causes.
This often causes confusion for those trying to grasp the rule.
thanks so much, now I understand
I love ur hand writing
A must see for students
Really saved my semester
"80/20" by itself implies a bias - its a good start BUT just a start. I think the "trivial few" is actually out of scope data to report (as one plot). Those are possibly more serious issues that might even be causing the larger issues. These are the issues that got caught (noticed, logged, reported, etc). Other than that it's a pretty cool description (I love hand drawn graphs for some reason as well)
Can the frequency be more or less than 200?
thankyou for the explanation and practical example. I think it will be better if you draw the cumulative line by sum up the percentage cumulative one by one, so the 80/20 can be seen from the graph accurately. (although we can see which bars are the 20 by calculating the cumulative percentage.)
just my five cent
Thank you
Very nicely explained
Thank you, this is so helpful, the way you explained it is so easy to follow. Also, you’ve got a beautiful handwriting.
Cool explanation. Italian pizza is the part of trivial many being the reason of my fat belly.
Wow simple n informative
Who's the teacher?? He is excellent in explaining it so systematically.
are these data values ordinal or nominal??
Thanks
This was easy to understand
Thank you so much sir ... :) :) :) Respect
The video is very explicit but I still have a question. How do you draw the curvature? Based on what?
You are adding up the %s in the chart - so it starts at just column 1, then is the sum of 1+2, then is 1+2+3, then is 1+2+3_4 (until you eventually reach 100%)
thanks
I didn’t get how the red graph is made, any one can help me?
Nice work
I am confused, why go though this whole process when the productivity problem could easily be answered by identifying the highest frequency of error?
Just WOW
thx alot
Could this also be applied to economic wealth theories, let's say, why a small percentage of the world population owns most of the wealth on the planet? I ask this because Jordan Peterson used the Pareto distribution that way. However, im skeptical.
Pareto was looking at real estate in Italy and at the peas in his garden.
very helpful
Wow !
Subscribing for the handwriting