I've heard of a 2 factor chart but not sure if this is real or not.
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With a slight caveat that "sorted by" is a bit strong (the order may appear a bit random, it's determined by when the status was created rather than where it might be in any workflow), yes.
I've suggested X and Y that way round because your list of Sprints is likely to be longer than the list of Status, but obviously, go ahead and swap them if it works better for you!
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