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Consider the following Pareto chart regarding reasons for a delay in processing credit card applications. No Address Given Already a Customer Illegible Writing Missing Signature

Consider the following Pareto chart regarding reasons for a delay in processing credit card applications.
No Address
Given
Already a
Customer
Illegible
Writing
Missing
Signature
Other
0
10
20
30
40
50
60
70
80
90
100
Reasons for a Delay in Processing
Credit Card Applications
Frequency
Step 4 of 4 : Does the 80/20
notion seem to apply here? Explain.

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