A Bar Chart and a Pareto Chart Both Use Bars

question 34

Essay

A bar chart and a Pareto chart both use bars to show frequencies of categories of categorical data. What characteristic distinguishes a Pareto chart from a bar chart and how does that
characteristic help us in understanding the data?

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Definitions:

Discrimination Coefficient

A statistical measure in economics or social science indicating the degree to which a variable, such as price or income, discriminates or differentiates between individuals or groups.

Wage Differential

Wage differential refers to the variation in wages between individuals, occupations, locations, or sectors due to factors like skill level, demand, or cost of living.

Nonpreferred-Race Workers

Employees who are perceived or categorized as belonging to a racial or ethnic group that is less favored or discriminated against within a societal or organizational context.