1. pareto chart (5 marks) a large number of successful entrepreneurs

1.      Pareto Chart (5 marks)

A large number of successful entrepreneurs across Canada and the United States with companies that experienced 150% growth on average for each of the first five years of operation were polled. The entrepreneurs were asked which one single attribute they felt had the greatest impact on their success. The chart below is a record of their responses.

 

 
 

Success Factor

Number of Occurrences

Experience

18

Education

22

IQ Score

25

EQ Score

38

Presentation Skills

41

Creativity

45

Leadership

50

 

 

 

 

 

 

 

 

 

 

 

 

A)     Prepare a Pareto analysis of the data collected from the entrepreneurs (3 marks)

 

B) What does this analysis reveal about the responses from the entrepreneurs.

 

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