Question: Focus on the 80 percent. Many analyses using data such as that given in Figure 1.4 focus on the items that make up the top

Focus on the 80 percent. Many analyses using data such as that given in Figure 1.4 focus on the items that make up the top 80% of the total cost. Which items are these for our cost analysis data? (Note that you will not be able to answer this question for exactly 80%, so either use the closest percent above or below.) Be sure to explain your choice, and give a reason for it.

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