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How to fill out variable triangle 80-80-20 graph
How to fill out variable triangle 80-80-20 graph
01
To fill out a variable triangle 80-80-20 graph, follow these steps:
02
Draw an equilateral triangle.
03
Label one of the vertices as A, another vertex as B, and the remaining vertex as C.
04
At point A, draw a line segment that is 80% of the length of the side of the triangle. This will be line segment AD.
05
At point B, draw a line segment that is 80% of the length of the side of the triangle. This will be line segment BE.
06
Connect points D and E to vertex C with straight lines.
07
Label point D as D and point E as E.
08
The area enclosed by line segments AD, BE, and DE represents the 80-80-20 graph.
Who needs variable triangle 80-80-20 graph?
01
The variable triangle 80-80-20 graph is commonly used in statistical analysis and decision-making processes.
02
It is useful for representing proportions, percentages, and relationships between variables.
03
Individuals and organizations in various fields such as finance, economics, marketing, and research may need this graph to visualize and analyze data.
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What is variable triangle 80-80-20 graph?
The variable triangle 80-80-20 graph is a statistical tool that represents the distribution of resources, activities, or outcomes in a three-part hierarchical manner, often indicating that 80% of results come from 20% of the causes.
Who is required to file variable triangle 80-80-20 graph?
Organizations and individuals involved in specific industries or reporting requirements that necessitate analysis of resource distribution, typically those required by regulatory bodies.
How to fill out variable triangle 80-80-20 graph?
To fill out the graph, categorize the relevant data into three sections, ensuring that the most significant contributors are represented in the largest segment, followed by the next groups in descending order of impact.
What is the purpose of variable triangle 80-80-20 graph?
The purpose is to clearly illustrate the relationship between different variables and highlight where the majority of impact or resources are concentrated, aiding in decision-making and prioritization.
What information must be reported on variable triangle 80-80-20 graph?
The graph should report the categories of data, their respective contributions, and the percentage distributions that justify the 80-20 rule.
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