QUESTION IMAGE
Question
a data analyst wants to visualize the result of an analysis that captures the sales of products for the last five years to the management of the company. management wants this information to determine what products to increase sales bonus on. the idea is to assign more bonus to the products that generate 80% of the income for the company. what type of chart would be most ideal?
pivot chart
pareto chart
histogram
pie chart
The goal is to identify products that drive 80% of the company's income, which aligns with the Pareto principle (80/20 rule). A Pareto chart is specifically designed to display categories in descending order of frequency/value, along with a cumulative line to show the total percentage contribution, making it perfect for this use case. Pivot charts are for summarizing and analyzing large datasets flexibly but not focused on cumulative contribution. Histograms show distribution of continuous data, and pie charts show proportional parts of a whole without highlighting the top contributing items clearly.
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B. Pareto chart