the chart used to monitor variable is ?
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range chart is used to monitor variables
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- The chart used to monitor the variable is a Pareto chart.
- This is because it gives a visual representation of how the changes in one variable are dependent on another.
- The changes in the x-axis are always dependent on the change in the y-axis, and since Pareto charts only display this dependency, they are often used to monitor the relationship between two or more variables.
- For example, an increase in income invariably involves an increase in spending, which invariably means an increase in demand for goods and services, which invariably means an increase in employment, which invariably means an increase in income.
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