Riqo Chaar get more than 80% of the way there:
The Pareto principle, commonly referred to as the 80/20 rule, is a concept of prioritisation.
It states that for many outcomes, 80% of the outputs are derived from 20% of the inputs. Although this isn’t a universal truth, this pattern has been observed in many different cases. For example, a large proportion (80%) of the revenue a particular business generates may primarily be associated with only a small proportion (20%) of big-selling products. This concept is related to the law of diminishing returns and poses the following question: If, after reaching a certain level of output (80%), significantly more effort is required to achieve further increases in this output, is this additional effort worth it?
In this article, we demonstrate the process (using DAX expressions) of creating a Pareto chart in Power BI.
Read on to see how you can build a chart like this. It’s a very popular style of chart for manufacturing scenarios.