The Assumption of Pareto Analysis Is That the Majority of Problems

question 70

True/False

The assumption of Pareto analysis is that the majority of problems are the result of a small number of causes.

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Definitions:

Thermodynamics

The branch of physics that deals with the relationships between heat and other forms of energy and, by extension, the relationships between all forms of energy.

Logical Strength

The extent to which the premises of an argument support its conclusion, influencing its capacity to persuade or convince logically.

Sound Argument

An argument that is both valid (correctly structured so that the conclusion logically follows from the premises) and has all true premises.

Bandwagon Fallacy

A logical error that concludes something is true, good, or desirable because many other people agree with it or are doing it.