Automated 20-80 Analysis in Excel – Add-In Demo

Murphy’s Law is the adage that “Anything that can go wrong will go wrong.” People give Murphy’s Law relevance when things go awry as a reason to why it happened

Laborit’s Law or the Law of Least Effort suggests that humans prefer to carry out simple tasks that give immediate satisfaction to avoid stress or inconvenience

Illich’s Law or Law of Diminishing Returns suggests that optimal productivity is reached with an appropriate balance between working time and resting time.

Hofstadter’s Law falls into the Planning Fallacy category by stating “It always takes longer than you expect, even when you take into account Hofstadter’s Law”.

This easy step-by-step tutorial shows how to build a Pareto Chart in Google Sheets. Download now the Free Google Sheets Pareto Chart template for immediate use.

These 3 Best Microsoft Excel Guide Books provide Excel users with Powerful Data & Business Analysis techniques that go beyond Pareto Analysis and Pareto Charts.

This tutorial explains how to do a manual Pareto Analysis in Excel in 5 simple steps. A Pareto Analysis is particularly useful to focus on what really matters as the Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes.