Probability distribution of discrete random variable

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Question 1. What would be a business example if you would want to find the probability distribution of a discrete random variable? What would be a good example if finding a continuous random variable probability distribution is a better choice?

Question 2. Where in government (Federal, state/territory/tribal, or local) would be a good place to examine work efficiency with a Poisson Distribution analysis?

Question 3. Where would be a good place to examine work efficiency with an Exponential Distribution analysis?

Reference no: EM132582210

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