The best tricks to create a Pareto chart in Excel
If you are an Excel user and want to learn how to create a Pareto chart, you are in the right place. Excel is a very useful tool that, with the best tricks appropriate, it will allow you to visualize and analyze data in a more efficient way. In this article, we will teach you everything you need to know to create a Pareto chart in Excel simply and quickly. You will learn the best tricks to create a Pareto chart in Excel, from how to organize your data to how to apply the necessary formulas to achieve the desired results. Let's get started!
Step by step -- The best tricks to create a Pareto chart in Excel:
- The best tricks to create a Pareto chart in Excel:
- Open Microsoft Excel on your computer.
- Create a new spreadsheet: Click “File” in the menu bar and select “New” to create a new spreadsheet.
- Enter your data into the spreadsheet: Write your data in a column. For example, if you are analyzing the most common problems in a production process, list the problems in one column and the number of times they occur in another column.
- Sort the data in descending order: Select the data and click the »Data» tab in the menu bar. Then, select “Sort” and choose the “Descending” option to sort the data by frequency from highest to lowest.
- Calculate the cumulative frequency: Create an additional column to calculate the cumulative frequency. For each data point, add the frequency of the data point and the cumulative frequency of the previous data point.
- Calculate the percentage of cumulative frequency: Create another column to calculate the cumulative frequency percentage. Divide the accumulated frequency of the data by the sum of all the accumulated frequencies and multiply it by 100 to get the percentage.
- Create a column chart: Select the problem data and its frequency and click on the “Insert” tab in the menu bar. Next, choose the column chart and select the type of column chart you want.
- Add the secondary axis: Right-click on the bars on the graph, choose “Data Series Format,” and select the “Secondary Axes” option so that the cumulative frequency axis appears on the right side of the graph.
- Create a Pareto line: Right-click on the chart and select “Change Chart Type.” Then, choose the type of line graph for the cumulative frequency.
- Add tags and titles: Customize your chart by adding labels to the bars and axis, as well as a title that indicates the purpose of the chart.
FAQ
Frequently Asked Questions on How to Create a Pareto Chart in Excel
1. How can I create a Pareto chart in Excel?
To create a Pareto chart in Excel, follow these steps:
- Open Excel and select the data you want to use for the Pareto chart.
- Click the “Insert” tab on the Excel toolbar.
- In the chart group, click “Column” and select “Grouped Column.”
- On the chart, right-click on one of the bars and select “Change Chart Type.”
- Select “Line” and click “OK.”
- On the right axis of the chart, right-click and select “Format Axis.”
- Check the “Secondary axis” option and click »Close”.
- Customize the chart according to your preferences.
2. How can I add a title to the Pareto chart in Excel?
To add a title to the Pareto chart in Excel, follow these steps:
- Click on the Pareto chart to select it.
- On the "Design" tab of the Excel toolbar, click "Add Chart Element."
- Select “Chart Title” and choose the desired location for the title.
- Type the title in the text box that appears on the chart.
3. How can I change the colors in the Excel Pareto chart?
To change the colors on the Excel Pareto chart, follow these steps:
- Right-click on one of the bars on the graph.
- Select “Change series colors” from the drop-down menu.
- Choose the color scheme you want to use.
4. How can I add data labels to Pareto chart in Excel?
To add data labels to the Pareto chart in Excel, follow these steps:
- Right-click on one of the bars on the chart.
- Select “Add data labels” from the dropdown menu.
- Customize the labels according to your preferences.
5. How can I change the Pareto chart type in Excel?
To change the type of Pareto chart in Excel, follow these steps:
- Right click on one of the bars on the chart.
- Select “Change Chart Type” from the drop-down menu.
- Choose the new type of chart you want to use.
6. How can I sort the data in the Excel Pareto chart?
To sort the data on the Excel Pareto chart, follow these steps:
- Select the data in Excel that you want to use for the Pareto chart.
- Click the “Data” tab on the Excel toolbar.
- In the Sort & Filter group, select Sort Highest to Lowest or Sort Lowest to Highest.
- The data will automatically be sorted on the Pareto chart.
7. How can I change the size of the Pareto chart in Excel?
To change the size of the Pareto chart in Excel, follow these steps:
- Click on the Pareto chart to select it.
- Drag the control points that appear around the graph to adjust their size.
- Release the control points when you have obtained the desired size.
8. How can I add reference marks in the Excel Pareto chart?
To add reference marks to the Excel Pareto chart, follow these steps:
- Right click on any of the bars on the graph.
- Select “Add Reference Line” from the drop-down menu.
- Specify the value for the reference line and customize it to your needs.
9. How can I add a legend to the Pareto chart in Excel?
To add a legend to the Pareto chart in Excel, follow these steps:
- Click on the Pareto chart to select it.
- In the "Layout" tab of the Excel toolbar, click "Add Chart Element."
- Select “Legend” and choose the desired location for the legend.
10. How can I save the Pareto chart as an image in Excel?
To save the Pareto chart as an image in Excel, follow these steps:
- Right click on the Pareto chart.
- Select “Save as Image” from the drop-down menu.
- Specifies the location and name of the image file.
- Click "Save."