which of the following statements characterize a pareto analysis most accurately? group of answer choices it determines the frequency of occurrence between the high and low range for a set of data. it is an organized approach to recording event data. it is helpful to show the correlation between two variables in a set of data. it helps to clarify the main steps, branches and eventual outputs of a process. it is a method of organizing data to illustrate the rank of problems in terms of their frequency of occurrence.