Discuss how a manager of a retail store can use both the binomial and Poisson distributions...

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Discuss how a manager of a retail store can use both the binomial and Poisson distributions...

Discuss how a manager of a retail store can use both the binomial and Poisson distributions to make business decisions. Explain how the distributions differ. Provide examples of the type of data that could be used in calculating the probabilities.

4/2019

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Discuss how a manager of a retail store can use both the binomial and Poisson distributions...

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