What is the difference between a Histogram and a Pareto plot ?

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histogram is a bar graph that uses the height of the bar to convey the  frequency of an event occurring. Each bar in a histogram corresponds  to the frequency of occurrence of a specific event.

Pareto chart displays bars by the height of the bars, signifying the order of impact. It follows the Pareto philosophy (the 80/20 rule) through displaying the events by order of impact.

(Image Credit : https://www.thecompanyrocks.com/excels-histogram-tool-8020-rule-analysis/ )


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