In fact, the method of drawing a Pareto Chart in Excel that Mytour is about to introduce is quite similar to drawing a column chart in Excel. Both techniques have quite similar implementations and are used to represent data. While drawing a Pareto Chart in Excel is usually used for visually comparing and analyzing percentage data, drawing a column chart in Excel is used to represent numerical data. Before instructing how to draw a Pareto Chart in Excel, users need to understand the definition of Pareto. The Pareto Principle, also known as the 80/20 rule, can be roughly understood as 80% of the results are caused by 20% of the reasons. More specifically, those working with Pareto are sure to understand this principle. So let's immediately draw a Pareto Chart in Excel with the following technique.
How to Draw a Pareto Chart in Excel:
Step 1: Open Microsoft Excel on your computer. Then you can open a file containing Pareto data or create a new data table.
Step 2: To create a Pareto chart in Excel in column form, select all the data in the table. Then go to Insert.
Step 3: Pay attention to the green, red, and yellow columns labeled Column. Click on them and choose the chart you want to create.
Immediately, the data will be displayed in a much more visually appealing chart format.
Step 4: When you want to change to a different chart type, select Change Chart Type and choose the chart you want to create.
Press OK.
If you want to display only percentages (%), simply select the % data in the table. Then choose Insert > Column and select the chart type.
You will receive a chart displayed as percentages divided.
Additionally, you can also use line charts to represent development over years, months.
With the above instructions, even Excel newcomers can create Pareto charts in Excel.
Because Microsoft Excel is a tool for data calculation, charts, and tables, it can be quite complex. Users who want to master Excel not only need to learn how to create charts but also need to understand commands such as calculating averages and percentages in Excel. Sometimes, with data tables, you may even need to use tricks to split column data in Excel to divide the data. The method of splitting column data in Excel is often used to facilitate data division and calculation. If your job involves accounting, treasury, or clerical work, learning Excel skills is essential as it can save a lot of work time. Visit Mytour for more Excel tutorials.