Question

In: Statistics and Probability

Choose one of the probability distributions discussed in the EBook.(Business Statistics: For Contemporary Decision Making, 8th...

Choose one of the probability distributions discussed in the EBook.(Business Statistics: For Contemporary Decision Making, 8th Edition by K.Black)

Discuss how it could be applied to a specified data set at the company in which you currently are working.You do not need to actually supply data.

1. Just describe the data set and

2. how it is used at the company.

It is best to choose the data set first and then find the distribution that best matches it.

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