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Whitedboard video: Pareto Analysis

Published: 21st December 2016

In this video Dr Robert Lloyd from the Institute for Healthcare Improvement introduces Pareto Analysis, a statistical technique in decision-making used for the selection of a limited number of tasks that produce significant overall effect.

It uses the Pareto Principle, also known as the 80/20 rule, the idea that by doing 20% of the work you can generate 80% of the benefit of doing the entire job.

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