Pareto Analysis is a statistical technique in decision making that is used for selection of a limited number of tasks that produce significant overall effect. It uses the Pareto principle – the idea that by doing 20% of work, 80% of the advantage of doing the entire job can be generated. Or in terms of quality improvement, a large majority of problems (80%) are produced by a few key causes (20%).
This App finds significant few(20% of causes) that causes majority of problems(80% of problems).This app can be used to find significant few portfolios that give maximum profit.