Correct spellings for PARETTO
- Pareto The Pareto chart is a useful tool in identifying the vital few and trivial many in process improvement projects.
When encountering the misspelling "paretto", it's likely referring to the economic principle of Pareto efficiency. The correct term is actually "Pareto", named after the Italian economist Vilfredo Pareto. To avoid confusion, use the correct spelling while discussing this principle and its implications in economic theory.
