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pareto-chart

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Developed by the Italian engineer Vilfredo Pareto, the chart provides a graphic representation of the Pareto principle, a theory maintaining that 80% of the output in a given system is produced by 20% of the input (i.e. defects, mistakes, errors). The chart aims to identify the vital few (~20%) inputs from the insignificant many (~80%).

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This project is focused on evaluating vendor effectiveness. An ETL pipeline is employed to load large dataset, data integrity has been ensured by cleaning values and generating new financial metrics and statistical methods like quadrant analysis and hypothesis testing are used to generate insights.

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