Question

1. What types of analyses would be relevant for the Pareto prioritizationanalysis model (sometimes referred to as the 80 – 20 rule)?

2. What criteria do consumers use to determine that some products and services are relevant to others?

3. Study the types of charts an organization might use. Are they more likely to be Pie charts, Bar charts, Line charts, or some other type of chart?

4. why do they use theses types the most?

5. pros and cons to each type of graphs?

6.Research and share what criteria that can be considered by consumers when selecting a real estate agent….what do you compare if you have two real estate agents to choose between?

7.Why is it important to lke your real estate agent?

Answer 1

answering only the first one as these are separate independent questions.

1) The analysis required for this is to look at the effort generated at each iteration of an action and the rewards accrued from it.

For example, a store owner might calculate that 80% of her sales were generated by 20% of the footfall. These were the people who are probably planned shoppers and buy maximum household supplies from this store. Others just randomly landed in the store and bought something for an urgent need.