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Question 1 The table below lists data concerning the errors in an account management function in the financial services sector. Error type Frequency in last

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Question 1 The table below lists data concerning the errors in an account management function in the financial services sector. Error type Frequency in last period Estimated costs involved (R) A 40 12,500 B 4 2,800 33 36,000 D 56 15,500 E 22 7,500 F 12 5,750 G 16 23,000 H 28 116,000 Required: Prepare two Pareto lists, the first based on frequency and the second on estimated costs. [10]

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