Which of the following is an example of a Pareto group?
A)Twenty percent of the employees,who account for 75 percent of the health care costs
B)Ten percent of the employees,who account for 25 percent of the health care costs
C)Fifty percent of the employees,who account for 50 percent of the health care costs
D)Eight percent of the employees,who account for 20 percent of the health care costs
E)Sixty percent of the employees,who account for 80 percent of the health care costs

Question

Quizplus · Accepted Answer

A Pareto group is a group of individuals or items that account for a significant portion of the overall impact or occurrence. In this case, the group of employees that account for 75 percent of the health care costs (which is a significant portion) would be considered a Pareto group. B, C, D, and E do not meet the criteria of being a significant enough portion of the overall impact or occurrence to be considered a Pareto group.

Which of the Following Is an Example of a Pareto